Shelly Marie Murphy - 22 Jul 2022 Form 4 Insider Report for METAWORKS PLATFORMS, INC. (WAST)

Role
Director
Signature
/s/ Shelly Murphy
Issuer symbol
WAST
Transactions as of
22 Jul 2022
Net transactions value
-$187,000
Form type
4
Filing time
29 Aug 2022, 17:22:53 UTC
Previous filing
17 Jun 2021
Next filing
07 Mar 2023

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 $232,000 -200,000 -100% $1.16* 0 22 Jul 2022 Common Stock 200,000 $1.16 Direct F1, F3
transaction MWRK Stock Options Award $45,000 +500,000 $0.0900 500,000 26 Aug 2022 Common Stock 500,000 $0.0900 Direct F2
holding MWRK Stock Options 200,000 22 Jul 2022 Common Stock 200,000 $1.16 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest to 1/3 on June 15, 2021, 1/3 on June 15, 2022 and 1/3 on June 15, 2023.
F2 The options vest as to 50% on August 26, 2022 and 50% on August 26, 2023.
F3 These options were cancelled pursuant to an Option Cancellation Agreement dated July 22, 2022.