Shannon Wilkinson - 03 Jan 2022 Form 4 Insider Report for Tego Cyber, Inc. (TGCB)

Role: CEO, CFO, Secretary, Treasurer, Director, 10%+ Owner
Signature: /s/ Shannon Wilkinson
Issuer symbol: TGCB
Transactions as of: 03 Jan 2022
Net transactions value: $0
Form type: 4
Filing time: 10 Mar 2022, 08:32:26 UTC
Previous filing: 24 Nov 2021
SEC: View on sec.gov

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	TGCB	Employee Stock Option	Award	$0	+2,000,000		$0.000000	2,000,000	03 Jan 2022	Common Stock	2,000,000	$0.6500	Direct	F1
transaction	TGCB	Performance Stock Unit	Award	$0	+1,000,000		$0.000000	1,000,000	08 Mar 2022	Common Stock	1,000,000	$0.000000	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The options are issued under the 2021 Equity Compensation Plan and pursuant to reporting person's employment agreement as previously reported January 4, 2022. Pursuant to the grant. 400,000 options vest each year beginning on the first anniversary of the grant date which is January 3, 2022.
F2	Represents a contingent right to receive shares of TGCB common stock upon vesting and settlement of Performance Stock Units earned based on the achievement of certain operations criteria in accordance with the award granted pursuant to the Issuer's 2021 Equity Compensation Plan. Under the award 250,000 shall vest upon Issuer achievement of certain market capitalization goals provided the reporting person remains employed by the Issuer on such date.

Content

The options are issued under the 2021 Equity Compensation Plan and pursuant to reporting person's employment agreement as previously reported January 4, 2022. Pursuant to the grant. 400,000 options vest each year beginning on the first anniversary of the grant date which is January 3, 2022.

Represents a contingent right to receive shares of TGCB common stock upon vesting and settlement of Performance Stock Units earned based on the achievement of certain operations criteria in accordance with the award granted pursuant to the Issuer's 2021 Equity Compensation Plan. Under the award 250,000 shall vest upon Issuer achievement of certain market capitalization goals provided the reporting person remains employed by the Issuer on such date.