Cameron Chell - 22 Jul 2022 Form 4 Insider Report for METAWORKS PLATFORMS, INC. (WAST)

Reporting relationship: Director
Issuer ticker: WAST
Reported as of: 22 Jul 2022
Net transaction value: -$1,403,000
SEC form: 4
Accepted by SEC: 29 Aug 2022, 15:25:43 UTC
Prior SEC filing: 31 Jan 2022
Next SEC filing: 09 Jan 2024
Source filing: View source filing
Reporting owner signature: /s/ Cameron Chell

Key filing fact

Cameron Chell filed Form 4 for METAWORKS PLATFORMS, INC. (WAST) on 29 Aug 2022.

Key facts

This page summarizes Cameron Chell's Form 4 filing for METAWORKS PLATFORMS, INC. (WAST).
3 reported transactions and 6 derivative rows are listed below.
Accepted by SEC: 29 Aug 2022, 15:25.

Change

Previous filing in this sequence was filed on 31 Jan 2022.
Current net transaction value: -$1,403,000.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MWRK holding

Common Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 213,034
Date: 22 Jul 2022
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MWRK transaction Derivative

Stock Options

Other

Transaction value: $468,000
Shares: -400,000
Change %: -50%
Price: $1.17^*
Shares after: 400,000
Date: 22 Jul 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 400,000
Exercise price: $1.17
Footnotes: F1, F4

MWRK transaction Derivative

Stock Options

Other

Transaction value: $1,160,000
Shares: -1,000,000
Change %: -71%
Price: $1.16^*
Shares after: 400,000
Date: 22 Jul 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,000,000
Exercise price: $1.16
Footnotes: F2, F4

MWRK transaction Derivative

Stock Options

Award

Transaction value: $225,000
Shares: +2,500,000
Change %: +625%
Price: $0.0900
Shares after: 2,900,000
Date: 26 Aug 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,500,000
Exercise price: $0.0900
Footnotes: F3

MWRK holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 400,000
Date: 22 Jul 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 400,000
Exercise price: $0.1000
Footnotes: F1

MWRK holding Derivative

Stock Options

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 800,000
Date: 22 Jul 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 400,000
Exercise price: $1.17
Footnotes: F1

MWRK holding Derivative

Stock Options

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,400,000
Date: 22 Jul 2022
Ownership: Direct
Underlying class: Common
Underlying amount: 1,000,000
Exercise price: $1.16
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The options vest as follows: (i) 1/3 on date of grant, (ii) 1/3 on the first anniversary of date of grant and (iii) 1/3 on the second anniversary of date of grant.

Footnote F2

The options vest as to 1/3 on June 15, 2021, 1/3 on June 15, 2022 and 1/3 on June 15, 2023.

Footnote F3

The options vest as to 50% on August 26, 2022 and 50% on August 26, 2023.

Footnote F4

These options were cancelled pursuant to an Option Cancellation Agreement dated July 22, 2022.