Biere Peter - Apr 14, 2023 Form 4 Insider Report for IZEA Worldwide, Inc. (IZEA)

Role
Chief Financial Officer
Signature
/s/ Peter J. Biere
Stock symbol
IZEA
Transactions as of
Apr 14, 2023
Transactions value $
$13,726
Form type
4
Date filed
4/18/2023, 04:03 PM
Previous filing
Apr 3, 2023
Next filing
May 2, 2023

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 Award $13.7K +22.5K $0.61 22.5K Apr 14, 2023 Common Stock 22.5K Direct F1, F2
* 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 Each Restricted Stock Unit represents a contingent right to receive at settlement one share of Issuer common stock.
F2 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on April 14, 2023, pursuant to the reporting person's employment agreement and vest quarterly over thirty-six months.