Edward H. Murphy - Sep 6, 2024 Form 4 Insider Report for IZEA Worldwide, Inc. (IZEA)

Role
Chief Executive Officer, Director
Signature
By: /s/ Peter J. Biere as attorney-in-fact for Edward H. Murphy
Stock symbol
IZEA
Transactions as of
Sep 6, 2024
Transactions value $
-$127,259
Form type
4
Date filed
9/10/2024, 04:05 PM
Previous filing
Sep 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IZEA Common Stock Options Exercise $0 +1.92K +0.72% $0.00 270K Sep 6, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +816 +0.3% $0.00 271K Sep 6, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +2.25K +0.83% $0.00 273K Sep 6, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +24K +8.77% $0.00 297K Sep 6, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +2.86K +0.96% $0.00 300K Sep 6, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +6.18K +2.06% $0.00 306K Sep 6, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +2.8K +0.91% $0.00 309K Sep 6, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +6.37K +2.06% $0.00 315K Sep 6, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +62.3K +19.77% $0.00 378K Sep 6, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +44.4K +11.77% $0.00 422K Sep 6, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +67.9K +16.08% $0.00 490K Sep 6, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +72.9K +14.89% $0.00 563K Sep 6, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +52.7K +9.37% $0.00 616K Sep 6, 2024 Direct
transaction IZEA Common Stock Options Exercise $0 +63.8K +10.36% $0.00 679K Sep 6, 2024 Direct
transaction IZEA Common Stock Tax liability -$127K -59.5K -8.75% $2.14 620K Sep 6, 2024 Direct F1
holding IZEA Common Stock 3.28K Sep 6, 2024 By Dogfish Ventures LLLP F2
holding IZEA Common Stock 1 Sep 6, 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 -1.92K -100% $0.00 0 Sep 6, 2024 Common Stock 1.92K Direct F3, F4
transaction IZEA Restricted Stock Units Options Exercise $0 -816 -100% $0.00 0 Sep 6, 2024 Common Stock 816 Direct F3, F5
transaction IZEA Restricted Stock Units Options Exercise $0 -2.25K -100% $0.00 0 Sep 6, 2024 Common Stock 2.25K Direct F3, F6
transaction IZEA Restricted Stock Units Options Exercise $0 -24K -100% $0.00 0 Sep 6, 2024 Common Stock 24K Direct F3, F7
transaction IZEA Restricted Stock Units Options Exercise $0 -2.86K -100% $0.00 0 Sep 6, 2024 Common Stock 2.86K Direct F3, F8
transaction IZEA Restricted Stock Units Options Exercise $0 -6.18K -100% $0.00 0 Sep 6, 2024 Common Stock 6.18K Direct F3, F9
transaction IZEA Restricted Stock Units Options Exercise $0 -2.8K -100% $0.00 0 Sep 6, 2024 Common Stock 2.8K Direct F3, F10
transaction IZEA Restricted Stock Units Options Exercise $0 -6.37K -100% $0.00 0 Sep 6, 2024 Common Stock 6.37K Direct F3, F11
transaction IZEA Restricted Stock Units Options Exercise $0 -62.3K -100% $0.00 0 Sep 6, 2024 Common Stock 62.3K Direct F3, F12
transaction IZEA Restricted Stock Units Options Exercise $0 -44.4K -100% $0.00 0 Sep 6, 2024 Common Stock 44.4K Direct F3, F13
transaction IZEA Restricted Stock Units Options Exercise $0 -67.9K -100% $0.00 0 Sep 6, 2024 Common Stock 67.9K Direct F3, F14
transaction IZEA Restricted Stock Units Options Exercise $0 -72.9K -100% $0.00 0 Sep 6, 2024 Common Stock 72.9K Direct F3, F15
transaction IZEA Restricted Stock Units Options Exercise $0 -52.7K -100% $0.00 0 Sep 6, 2024 Common Stock 52.7K Direct F3, F16
transaction IZEA Restricted Stock Units Options Exercise $0 -63.8K -100% $0.00 0 Sep 6, 2024 Common Stock 63.8K Direct F3, F17
* 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.
F13 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on September 1, 2023 and have a 1/3 cliff vesting at 1 year from grant date, then quarterly over 2 years.
F14 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on October 31, 2023 and vest over a three-year term, one-third vesting 12 months after the grant date and then in equal amounts quarterly after that.
F15 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on January 31, 2024, and vesting over a three-year term, one-third vesting 12 months after the grant date and then in equal amounts quarterly.
F16 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on April 30, 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.
F17 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on July 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.