James Biehl - Oct 31, 2022 Form 4 Insider Report for Charge Enterprises, Inc. (CRGE)

Role
Chief Legal Officer, Secretary
Signature
/s/ JAMIE YUNG, Attorney-in-Fact
Stock symbol
CRGE
Transactions as of
Oct 31, 2022
Transactions value $
$0
Form type
4
Date filed
11/2/2022, 05:23 PM
Previous filing
Sep 16, 2022
Next filing
May 15, 2023

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 CRGE Restricted Stock Units Award $0 +100K $0.00 100K Oct 31, 2022 Common Stock 100K $0.00 Direct F1, F2
transaction CRGE Options, right to buy Award $0 +1M $0.00 1M Oct 31, 2022 Common Stock 1M $2.22 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the right to receive one share of common stock upon vesting.
F2 On October 31, 2022, the Reporting Person was granted 100,000 RSUs pursuant to the Issuer's 2020 Omnibus Equity Incentive Plan. The RSUs will vest pursuant to a three-year vesting schedule, whereby one-third of the total number of shares will vest each year on the anniversary of the grant date, subject to continued employment with the Issuer.
F3 On October 31, 2022, the Reporting Person was granted a ten-year option to purchase 1,000,000 shares of common stock pursuant to the Issuer's 2020 Omnibus Equity Incentive Plan. Such option will vest pursuant to a three-year vesting schedule, whereby one-third of the total number of shares will vest each year on the anniversary of the grant date.