Zareh Khachatoorian - Dec 28, 2022 Form 4 Insider Report for Toughbuilt Industries, Inc (TBLT)

Role
COO, Secretary
Signature
/s/ Zareh Khachatoorian
Stock symbol
TBLT
Transactions as of
Dec 28, 2022
Transactions value $
$11
Form type
4
Date filed
1/3/2023, 08:43 AM

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 TBLT Incentive Stock Option Award $11.30 +113K $0.00* 113K Dec 28, 2022 Common Stock 113K $1.79 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Option vests in equal installments on the last day of each of the thirty-six (36) calendar months following the date of grant, which may be exercised in lots of a minimum of two hundred (200) shares of the Company's common stock.