Edward H. Murphy - May 18, 2021 Form 4 Insider Report for IZEA Worldwide, Inc. (IZEA)

Signature
By: /s/ LeAnn Hitchcock as attorney-in-fact for Edward H. Murphy
Stock symbol
IZEA
Transactions as of
May 18, 2021
Transactions value $
-$736,775
Form type
4
Date filed
5/20/2021, 08:31 PM
Next filing
May 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IZEA Common Stock Sale -$737K -250K -40.86% $2.95 362K May 19, 2021 Direct F1, F2
holding IZEA Common Stock 13.1K May 18, 2021 By Dogfish Ventures LLLP F3
holding IZEA Common Stock 3 May 18, 2021 By Spouse

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
transaction IZEA Option (Right to Buy) Award $0 +13.3K $0.00 13.3K May 18, 2021 Common Stock 13.3K $2.96 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were sold in accordance with a Rule 10b5-1 trading plan established by the Reporting Person on December 31, 2020 for purposes of tax management.
F2 The sales price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.80 to $3.04. The Reporting Person undertakes to provide to IZEA Worldwide, Inc (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F3 Edward Murphy, as a partner of Dogfish Ventures LLLP, has voting power and investment power over the securities held by Dogfish Ventures LLLP.
F4 This Option was issued under the Issuer's 2011 Equity Incentive Plan pursuant to the reporting person's employment agreement and vests in 36 equal monthly installments commencing on the last day of the month when the grant occurred and on the last day of each succeeding month thereafter.