Martin Galstyan - 28 Dec 2022 Form 4 Insider Report for Toughbuilt Industries, Inc

Role
Chief Financial Officer
Signature
/s/ Martin Galystan
Issuer symbol
N/A
Transactions as of
28 Dec 2022
Net transactions value
+$11.25
Form type
4
Filing time
03 Jan 2023, 08:44:40 UTC
SEC
View on sec.gov

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 Options Award $11.25 +112,500 $0.000100* 112,500 28 Dec 2022 Common Stock 112,500 $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.