Edmund C. Moy - Jul 22, 2022 Form 4 Insider Report for METAWORKS PLATFORMS, INC. (MWRK)

Role
Director
Signature
/s/ Edmund Moy
Stock symbol
MWRK
Transactions as of
Jul 22, 2022
Transactions value $
-$454,000
Form type
4
Date filed
8/29/2022, 03:41 PM
Previous filing
Oct 25, 2021
Next filing
Oct 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MWRK Common Stock 1K Jul 22, 2022 Direct

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 MWRK Stock Options Other -$60K -100K -100% $0.60* 0 Jul 22, 2022 Common Stock 100K $0.60 Direct F1, F4
transaction MWRK Stock Options Other -$234K -200K -100% $1.17* 0 Jul 22, 2022 Common Stock 200K $1.17 Direct F1, F4
transaction MWRK Stock Options Other -$232K -200K -100% $1.16* 0 Jul 22, 2022 Common Stock 200K $1.16 Direct F2, F4
transaction MWRK Stock Options Award $72K +800K $0.09 800K Aug 26, 2022 Common Stock 800K $0.09 Direct F3
holding MWRK Stock Options 100K Jul 22, 2022 Common Stock 100K $0.60 Direct F1
holding MWRK Stock Options 200K Jul 22, 2022 Common Stock 200K $1.17 Direct F1
holding MWRK Stock Options 200K Jul 22, 2022 Common Stock 200K $1.16 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F2 The options vest to 1/3 on June 15, 2021, 1/3 on June 15, 2022 and 1/3 on June 15, 2023.
F3 The options vest as to 50% on August 26, 2022 and 50% on August 26, 2023.
F4 These options were cancelled pursuant to an Option Cancellation Agreement dated July 22, 2022.