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

Role
Director
Signature
/s/ Shelly Murphy
Stock symbol
MWRK
Transactions as of
Jul 22, 2022
Transactions value $
-$187,000
Form type
4
Date filed
8/29/2022, 05:22 PM
Previous filing
Jun 17, 2021
Next filing
Mar 7, 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 -$232K -200K -100% $1.16* 0 Jul 22, 2022 Common Stock 200K $1.16 Direct F1, F3
transaction MWRK Stock Options Award $45K +500K $0.09 500K Aug 26, 2022 Common Stock 500K $0.09 Direct F2
holding MWRK Stock Options 200K Jul 22, 2022 Common Stock 200K $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.