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

Signature
/s/ Michael Heltzen
Stock symbol
IZTC
Transactions as of
Nov 8, 2024
Transactions value $
$0
Form type
3
Date filed
11/18/2024, 07:40 PM
Next filing
Nov 19, 2024

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 Nov 8, 2024 Common Stock 156K $3.31 Direct F1
holding IZTC Stock Options for Common Stock Nov 8, 2024 Common Stock 156K $3.31 Direct F2
holding IZTC Stock Options for Common Stock Nov 8, 2024 Common Stock 22.1K $8.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The first 31,164 shares vest on January 31,2025, then at the rate of 7,791 shares per quarter, and the balance of shares shall vest on the five-year anniversary of the Date of Grant.
F2 The first 31,164 shares vest on January 31,2025, then at the rate of 7,791 shares per quarter, and the balance of shares shall vest on the five-year anniversary of the Date of Grant.
F3 The first 4,416 shares vest on April 12, 2025, then at the rate of 1,104 shares per quarter, commencing on July 12, 2025, and the balance of shares shall vest on the five-year anniversary of the Date of Grant.