Elsa Sung - 16 Jan 2025 Form 3 Insider Report for Nixxy, Inc. (NIXX)

Role
Director
Signature
/s/ Elsa Sung
Issuer symbol
NIXX
Transactions as of
16 Jan 2025
Net transactions value
$0
Form type
3
Filing time
16 Jan 2025, 17:01:01 UTC
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
holding NIXX Restricted Stock Units ("RSUs") 16 Jan 2025 Common Stock, par value $0.0001 per share 100,000 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 RSU were issued to the Reporting Person under the Issuer's 2021 Equity Incentive Plan in connection with the Reporting Person's appointment as a member of the board of directors of the Issuer.
F2 50,000 of the RSUs vested immediately, and the remaining 50,000 RSUs shall vest in 36 equal increments on a monthly basis, subject to the Reporting Person's continued service to the Issuer.
F3 Each of the RSU represents a contingent right to receive one (1) share of the Issuer's common stock, par value $0.0001 per share upon settlement.