| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IZEA | Common Stock | Sale | -$165 | -82 | -0.03% | $2.01 | 236K | Aug 30, 2023 | Direct | F1 |
| holding | IZEA | Common Stock | 3.28K | Aug 30, 2023 | By Dogfish Ventures LLLP | F2 | |||||
| holding | IZEA | Common Stock | 1 | Aug 30, 2023 | By Spouse |
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).
| Id | Content |
|---|---|
| F1 | The sale reported on August 30, 2023, was broker initiated without the reporting person?s direction, approval, or knowledge, and any profit has been fully disgorged. This sale is matchable under Section 16(b) of the Securities Exchange Act of 1934 to the extent of 4,500 shares acquired at an average purchase price of $1.8462 per share between June 30, 2023, and December 12, 2023. The reporting person has paid $13.40, representing the full amount of the profit realized in connection with the short swing transaction. |
| F2 | Edward Murphy, as a partner of Dogfish Ventures LLLP, has voting power and investment power over the securities held by Dogfish Ventures LLLP. |