Biere Peter - Jan 31, 2024 Form 4 Insider Report for IZEA Worldwide, Inc. (IZEA)

Signature
/s/ Peter J. Biere
Stock symbol
IZEA
Transactions as of
Jan 31, 2024
Transactions value $
-$167
Form type
4
Date filed
2/1/2024, 04:16 PM
Previous filing
Jan 3, 2024
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IZEA Common Stock Options Exercise $0 +78 +1.18% $0.00 6.67K Jan 31, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +154 +2.31% $0.00 6.82K Jan 31, 2024 Direct
transaction IZEA Common Stock Tax liability -$167 -83 -1.22% $2.01 6.74K Jan 31, 2024 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 -78 -3.53% $0.00 2.13K Jan 31, 2024 Common Stock 78 Direct F2, F3
transaction IZEA Restricted Stock Units Options Exercise $0 -154 -16.72% $0.00 767 Jan 31, 2024 Common Stock 154 Direct F2, F4
transaction IZEA Restricted Stock Units Award $0 +29.5K $0.00 29.5K Jan 31, 2024 Common Stock 29.5K Direct F2, F5
* 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 April 1, 2022 and vest 25% after one year and then 75% in 36 equal monthly installments commencing on the last day of each succeeding month thereafter.
F4 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on May 19, 2022 and vest quarterly over 36 months.
F5 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on January 31, 2024, and vest over a three-year term, one-third vesting 12 months from the grant date and then in equal quarterly installments after that.