James Biehl - May 11, 2023 Form 4 Insider Report for Charge Enterprises, Inc. (CRGE)

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 Unit	Disposed to Issuer	$0	-100K	-100%	$0.00^*	0	May 11, 2023	Common Stock	100K	$0.00	Direct	F1, F2
transaction	CRGE	Options, right to buy	Award	$0	+200K		$0.00	200K	May 11, 2023	Common stock	200K	$0.97	Direct	F3
transaction	CRGE	Options, right to buy	Award	$0	+500K		$0.00	500K	May 11, 2023	Common stock	500K	$0.97	Direct	F4

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

Id	Content
F1	Each restricted stock unit ("RSU") represented the right to receive one share of common stock upon vesting.
F2	On October 31, 2022, the Reporting Person was granted 100,000 RSUs. The RSUs were to vest pursuant to a three-year vesting schedule, whereby one-third of the total number of shares were to vest each year on the anniversary of the grant date, subject to continued employment with the Issuer. On May 11, 2023, the RSUs were cancelled.
F3	On May 11, 2023, the Reporting Person was granted an option to purchase 200,000 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 October 31, commencing October 31, 2023. The option is exercisable for a term of ten years.
F4	On May 11, 2023, the Reporting Person was granted an option to purchase 500,000 shares of common stock pursuant to the Issuer's 2020 Omnibus Equity Incentive Plan. The option will vest quarterly over four years from the date of the grant. The option is exercisable for a term of ten years.