Nicholas Castaldo - 01 Mar 2024 Form 4 Insider Report for Celsius Holdings, Inc. (CELH)

Role: Director
Signature: /s/ Richard Mattessich, Attorney-in-fact
Issuer symbol: CELH
Transactions as of: 01 Mar 2024
Net transactions value: -$13,571,250
Form type: 4
Filing time: 05 Mar 2024, 18:06:20 UTC
Previous filing: 24 Aug 2023
Next filing: 04 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CELH	Common Stock, $0.001 par value per share	Award	$0	+1,576	+0.45%	$0.000000	352,864	01 Mar 2024	By the N.A. Castaldo Separate Property Trust	F1, F2
transaction	CELH	Common Stock, $0.001 par value per share	Options Exercise	$178,200	+165,000	+47%	$1.08^*	517,864	04 Mar 2024	By the N.A. Castaldo Separate Property Trust	F2
transaction	CELH	Common Stock, $0.001 par value per share	Sale	$13,749,450	-165,000	-32%	$83.33	352,864	04 Mar 2024	By the N.A. Castaldo Separate Property Trust	F2, F3

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	CELH	Common Stock Option	Options Exercise	$0	-165,000	-100%	$0.000000^*	0	04 Mar 2024	Common Stock, $0.001 par value per share	165,000	$1.08	By the N.A. Castaldo Separate Property Trust	F2, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Consists of restricted stock units ("RSUs"), with each RSU providing for the right to receive one share of common stock, par value $0.001 per share, of Celsius Holdings, Inc. The RSUs vest on the first anniversary of the grant date.
F2	Securities are owned directly by the N.A. Castaldo Separate Property Trust 11/1/2012 Nicholas Castaldo (the "Trust"), of which the reporting person is a trustee and beneficiary.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $82.71 to $84.29, inclusive. The reporting person undertakes to provide Celsius Holdings, Inc. ("Celsius"), any security holder of Celsius, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4	The option became exercisable in full on October 23, 2022.

Remarks:

Exhibit 24 - Power of Attorney