Nicholas Castaldo - Mar 1, 2024 Form 4 Insider Report for Celsius Holdings, Inc. (CELH)

Role
Director
Signature
/s/ Richard Mattessich, Attorney-in-fact
Stock symbol
CELH
Transactions as of
Mar 1, 2024
Transactions value $
-$13,571,250
Form type
4
Date filed
3/5/2024, 06:06 PM
Previous filing
Aug 24, 2023

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 +1.58K +0.45% $0.00 353K Mar 1, 2024 By the N.A. Castaldo Separate Property Trust F1, F2
transaction CELH Common Stock, $0.001 par value per share Options Exercise $178K +165K +46.76% $1.08* 518K Mar 4, 2024 By the N.A. Castaldo Separate Property Trust F2
transaction CELH Common Stock, $0.001 par value per share Sale -$13.7M -165K -31.86% $83.33 353K Mar 4, 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 -165K -100% $0.00* 0 Mar 4, 2024 Common Stock, $0.001 par value per share 165K $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