Richard Carlson - Aug 26, 2021 Form 4 Insider Report for SharpSpring, Inc. (SHSP)

Role
Chief Executive Officer, Director
Signature
/s/ Richard Carlson
Stock symbol
SHSP
Transactions as of
Aug 26, 2021
Transactions value $
$488,872
Form type
4
Date filed
8/30/2021, 05:23 PM
Previous filing
Jul 6, 2021
Next filing
Sep 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHSP Common Stock Options Exercise $418K +88.3K +29.06% $4.74 392K Aug 26, 2021 Direct
transaction SHSP Common Stock Options Exercise $70.4K +15.1K +3.86% $4.65 407K Aug 26, 2021 Direct

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 SHSP Stock Option (right to buy) Options Exercise $0 -88.3K -15.74% $0.00 473K Aug 26, 2021 Common Stock 88.3K $4.74 Direct F1, F2
transaction SHSP Stock Option (right to buy) Options Exercise $0 -15.1K -3.2% $0.00 458K Aug 26, 2021 Common Stock 15.1K $4.65 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest monthly on a straight-line basis over a 4 year period, with 1/48 of the original number of options vesting every month, until becoming fully vested on the fourth anniversary of the grant date.
F2 The options expire on the 10 anniversary of the grant date.
F3 Represents the total number of all options beneficially owned as of 8/30/2021.