R. Daniel Rua - Mar 31, 2023 Form 4 Insider Report for IZEA Worldwide, Inc. (IZEA)

Role
Director
Signature
By: /s/ Peter J. Biere as attorney-in-fact for Daniel Rua
Stock symbol
IZEA
Transactions as of
Mar 31, 2023
Transactions value $
$0
Form type
4
Date filed
4/3/2023, 04:28 PM
Previous filing
Feb 2, 2022
Next filing
Jul 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IZEA Common Stock Award $0 +23K +26.03% $0.00 112K Mar 31, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Restricted Stock received for Q1 2023 director fees valued at $15,000 based on the closing market price of $0.6509 on the grant date of March 31, 2023. Award vests immediately at the grant date.