| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LOV | Stock Option | Award | $0 | +200K | $0.00 | 200K | Aug 10, 2021 | American Depository Shares | 200K | $3.77 | Direct | F1, F2, F3 | |
| transaction | LOV | Stock Option | Award | $0 | +100K | $0.00 | 100K | Aug 10, 2021 | American Depository Shares | 100K | $0.00 | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | Each stock option is granted under the Spark Networks SE (the "Company") 2020 Long Term Incentive Plan and represents the right to receive, upon exercise, a certain amount in cash determined based on the relevant strike price of the option minus the strike price of such option; provided, however, that the Company may elect to settle options in American Depository Shares ("ADS") or Ordinary Shares of the Company instead of cash at its sole discretion. |
| F2 | Subject to the employee's continued service to the Company, (i) 25% of the total number of options granted to the employee vest 12 months after the grant date of such option, and (ii) an additional 6.25% of such options shall vest at the end of each additional three month period thereafter until the end of the 48th month after the relevant grant date. |
| F3 | Each American Depository Share ("ADS") represents 0.1 Ordinary Shares of Spark Networks SE (the "Company"). |