| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BNZI | Stock Option | Other | $2,197,500 | -150,000 | -100% | $14.65 | 0 | 12 Sep 2024 | Common Stock | 150,000 | Direct | F1, F2 |
Mark Musburger is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | The Stock Options (the "Options") had varying exercise prices. 75,000 of the Options were exercisable at $5.00, 50,000 of the Options were exercisable at $2.00, and 25,000 of the Options were exercisable at $1.00. |
| F2 | The Options were cancelled after a 90-day period to exercise the Options had elapsed after the Reporting Person was no longer an employee of the Issuer. |
On September 19, 2024, the Issuer effected a one-for-fifty (1 for 50) reverse stock split of its outstanding Class A Common Stock. Accordingly, on a post-split basis, the Reporting Person would have had 500 Options exercisable at $50.00, 1,000 Options exercisable at $100.00, and 1,500 Options exercisable at $250.00.