BIERE PETER - 28 Feb 2023 Form 4 Insider Report for IZEA Worldwide, Inc. (IZEA)

Role
Chief Financial Officer
Signature
/s/ Peter J. Biere
Issuer symbol
IZEA
Transactions as of
28 Feb 2023
Net transactions value
-$712
Form type
4
Filing time
03 Mar 2023, 13:59:38 UTC
Previous filing
01 Feb 2023
Next filing
03 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IZEA Common Stock Options Exercise $0 +357 +5.2% $0.000000 7,187 28 Feb 2023 Direct
transaction IZEA Common Stock Options Exercise $0 +229 +3.2% $0.000000 7,416 28 Feb 2023 Direct
transaction IZEA Common Stock Options Exercise $0 +1,079 +15% $0.000000 8,495 28 Feb 2023 Direct
transaction IZEA Common Stock Options Exercise $0 +1,096 +13% $0.000000 9,591 28 Feb 2023 Direct
transaction IZEA Common Stock Tax liability $712 -1,096 -11% $0.6500 8,495 28 Feb 2023 Direct 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
transaction IZEA Restricted Stock Units Options Exercise $0 -357 -14% $0.000000 2,144 28 Feb 2023 Common Stock 357 Direct F2, F3
transaction IZEA Restricted Stock Units Options Exercise $0 -229 -12% $0.000000 1,606 28 Feb 2023 Common Stock 229 Direct F2, F4
transaction IZEA Restricted Stock Units Award $0 -1,079 -9.1% $0.000000 10,785 28 Feb 2023 Common Stock 1,079 Direct F2, F5
transaction IZEA Restricted Stock Units Award $0 -1,096 -8.3% $0.000000 12,050 28 Feb 2023 Common Stock 1,096 Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares surrendered to the Issuer to satisfy tax withholding obligations upon vesting of the Restricted Stock Units.
F2 Each Restricted Stock Unit represents a contingent right to receive at settlement one share of Issuer common stock.
F3 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on August 17, 2021 pursuant to the reporting person's employment agreement and vest in 12 equal quarterly installments commencing on November 30, 2021.
F4 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on November 16, 2021 pursuant to the reporting person's employment agreement and vest in 12 equal quarterly installments commencing on February 28, 2022.
F5 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on August 16, 2022 and vest quarterly in 12 equal quarterly installments commencing November 30, 2022.
F6 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on November 18, 2022 and vest quarterly in 12 equal quarterly installments commencing February 28, 2023.