Edward H. Murphy - Mar 31, 2024 Form 4 Insider Report for IZEA Worldwide, Inc. (IZEA)

Signature
By: /s/ Peter J. Biere as attorney-in-fact for Edward H. Murphy
Stock symbol
IZEA
Transactions as of
Mar 31, 2024
Transactions value $
-$4,264
Form type
4
Date filed
4/2/2024, 05:49 PM
Previous filing
Mar 1, 2024
Next filing
May 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IZEA Common Stock Options Exercise $0 +274 +0.12% $0.00 237K Mar 31, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +102 +0.04% $0.00 237K Mar 31, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +187 +0.08% $0.00 237K Mar 31, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +1.04K +0.44% $0.00 238K Mar 31, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +190 +0.08% $0.00 238K Mar 31, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +325 +0.14% $0.00 238K Mar 31, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +139 +0.06% $0.00 239K Mar 31, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +278 +0.12% $0.00 239K Mar 31, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +1.78K +0.75% $0.00 241K Mar 31, 2024 Direct
transaction IZEA Common Stock Tax liability -$4.26K -1.85K -0.77% $2.31 239K Mar 31, 2024 Direct F1
holding IZEA Common Stock 3.28K Mar 31, 2024 By Dogfish Ventures LLLP F2
holding IZEA Common Stock 1 Mar 31, 2024 By Spouse

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 -274 -7.69% $0.00 3.29K Mar 31, 2024 Common Stock 274 Direct F3, F4
transaction IZEA Restricted Stock Units Options Exercise $0 -102 -7.14% $0.00 1.33K Mar 31, 2024 Common Stock 102 Direct F3, F5
transaction IZEA Restricted Stock Units Options Exercise $0 -187 -5.54% $0.00 3.19K Mar 31, 2024 Common Stock 187 Direct F3, F6
transaction IZEA Restricted Stock Units Options Exercise $0 -1.04K -3.45% $0.00 29.2K Mar 31, 2024 Common Stock 1.04K Direct F3, F7
transaction IZEA Restricted Stock Units Options Exercise $0 -190 -4.75% $0.00 3.81K Mar 31, 2024 Common Stock 190 Direct F3, F8
transaction IZEA Restricted Stock Units Options Exercise $0 -325 -4% $0.00 7.81K Mar 31, 2024 Common Stock 325 Direct F3, F9
transaction IZEA Restricted Stock Units Options Exercise $0 -139 -3.82% $0.00 3.5K Mar 31, 2024 Common Stock 139 Direct F3, F10
transaction IZEA Restricted Stock Units Options Exercise $0 -278 -3.46% $0.00 7.76K Mar 31, 2024 Common Stock 278 Direct F3, F11
transaction IZEA Restricted Stock Units Options Exercise $0 -1.78K -2.44% $0.00 71.2K Mar 31, 2024 Common Stock 1.78K Direct F3, F12
* 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 Reflects shares surrendered to the Issuer to satisfy tax withholding obligations upon vesting of the Restricted Stock Units.
F2 Edward Murphy, as a partner of Dogish Ventures LLLP, has voting power and investment power over the securities held by Dogfish Ventures LLLP.
F3 Each Restricted Stock Unit represents a contingent right to receive at settlement one share of Issuer common stock.
F4 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on April 1, 2022 and vest in 36 equal monthly installments commencing on the last day of the month in which the grant occurred and on the last day of each succeeding month thereafter.
F5 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on May 19, 2022 and vest in 36 equal monthly installments commencing on the last day of the month in which the grant occurred and on the last day of each succeeding month thereafter.
F6 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on August 16, 2022, and vest 1/12th cliff vesting on November 30, 2022 then in equal monthly installments over the next 33 months.
F7 This Option was issued under the Issuer's May 2011 Equity Incentive Plan on August 27, 2022, pursuant to the reporting person's employment agreement and vests in 48 equal monthly installments commencing on the grant date and on the last day of each succeeding month thereafter.
F8 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on November 18, 2022, pursuant to the reporting person's employment agreement and vest in equal monthly installments over 36 months.
F9 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 in equal monthly installments over 36 months.
F10 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on May 26, 2023, pursuant to the reporting person's employment agreement and vest in 36 equal monthly installments on the last day of each month.
F11 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on August 18, 2023 and vest in 36 equal monthly installments commencing on the last day of the month in which the grant occurred and on the last day of each succeeding month thereafter.
F12 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on August 27, 2023, and vest in 48 monthly installments commencing on the day the grant occurred and on the last day of each succeeding month thereafter.