Anthony Digiandomenico - Nov 8, 2024 Form 3 Insider Report for Invizyne Technologies Inc (IZTC)

Signature
/s/ Anthony DiGiandomenico
Stock symbol
IZTC
Transactions as of
Nov 8, 2024
Transactions value $
$0
Form type
3
Date filed
11/18/2024, 07:40 PM
Previous filing
Dec 20, 2024
Next filing
Dec 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding IZTC Common Stock 3.81M Nov 8, 2024 See Footnote F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding IZTC SAFE for Common Stock Nov 8, 2024 Common Stock 123K $6.40 See Footnote F1, F2
holding IZTC Warrant for Common Stock Nov 8, 2024 Common Stock 205K $2.44 See Footnote F1, F3
holding IZTC Stock Options for Common Stock Nov 8, 2024 Common Stock 26K $2.44 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are held by MDB Capital Holdings, LLC, over which the Reporting Person has voting and dispositive authority. The Reporting Person disclaims any interest in the shares except to the extent of his pecuniary interests in MDB Capital Holdings, LLC.
F2 The SAFE converts into Common Stock upon the closing of a public offering of IZTC's securities. The Reporting Person disclaims any interest in the shares except to the extent of his pecuniary interests in MDB Capital Holdings, LLC.
F3 The warrant is held by MDB Capital Holdings, LLC and is exercisable at $2.44, until June 22, 2025. The Reporting Person disclaims any interest in the shares underlying the warrant except to the extent of his pecuniary interest in MDB Capital Holdings, LLC.
F4 The shares underlying the grant vest at the rate of 1,299 shares each quarter and are fully vested on January 31, 2026.