Fouad Nawaz - 08 Nov 2024 Form 3 Insider Report for Invizyne Technologies Inc (EXOZ)

Role
Vice President, Finance
Signature
/s/ Fouad Nawaz
Issuer symbol
EXOZ
Transactions as of
08 Nov 2024
Net transactions value
$0
Form type
3
Filing time
18 Nov 2024, 19:40:24 UTC
Next filing
17 Jun 2025
SEC
View on sec.gov

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 Stock Options for Common Stock 08 Nov 2024 Common Stock 41,552 $3.31 Direct F1
holding IZTC Stock Options for Common Stock 08 Nov 2024 Common Stock 20,776 $8.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest as follows: The first 8,316 shares vest on September 1, 2025, and the balance vest at the rate of 2,079 shares per quarter, commencing on December 1, 2025, and become exercisable once vested.
F2 The options vest as follows: The first 4,152 shares vest on April 1, 2025, then at the rate of 1,038 shares per quarter, commencing on July 1, 2025, and then the balance shall vest on the five-year anniversary of the Date of Grant, and become exercisable once vested.