Richard Alan Carlson - 26 Aug 2021 Form 4 Insider Report for SharpSpring, Inc.

Role: Chief Executive Officer, Director
Signature: /s/ Richard Carlson
Issuer symbol: N/A
Transactions as of: 26 Aug 2021
Net transactions value: +$488,872
Form type: 4
Filing time: 30 Aug 2021, 17:23:27 UTC
Previous filing: 06 Jul 2021
Next filing: 03 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SHSP	Common Stock	Options Exercise	$418,499	+88,291	+29%	$4.74	392,089	26 Aug 2021	Direct
transaction	SHSP	Common Stock	Options Exercise	$70,373	+15,134	+3.9%	$4.65	407,223	26 Aug 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	-88,291	-16%	$0.000000	472,693	26 Aug 2021	Common Stock	88,291	$4.74	Direct	F1, F2
transaction	SHSP	Stock Option (right to buy)	Options Exercise	$0	-15,134	-3.2%	$0.000000	457,559	26 Aug 2021	Common Stock	15,134	$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.