Amin Sabzivand - Mar 27, 2023 Form 3 Insider Report for Sezzle Inc. (SZL.AX)

Role
Chief Operating Officer
Signature
/s/ Timothy M Joyce, as Attorney-in-Fact
Stock symbol
SZL.AX
Transactions as of
Mar 27, 2023
Transactions value $
$0
Form type
3
Date filed
3/29/2023, 05:00 PM
Next filing
Apr 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SZL.AX COMMON STOCK 60.8K Mar 27, 2023 Direct F1
holding SZL.AX COMMON STOCK 107K Mar 27, 2023 Direct F2
holding SZL.AX COMMON STOCK 965K Mar 27, 2023 Direct F3

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 SZL.AX Stock Option (right to buy) Mar 27, 2023 COMMON STOCK 50K $0.84 Direct F4, F5
holding SZL.AX Stock Option (right to buy) Mar 27, 2023 COMMON STOCK 294K $0.84 Direct F5, F6
holding SZL.AX Stock Option (right to buy) Mar 27, 2023 COMMON STOCK 4.17K $0.05 Direct F7, F8
holding SZL.AX Stock Option (right to buy) Mar 27, 2023 COMMON STOCK 37.5K $0.05 Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Representing issued and outstanding shares underlying the CHESS Depositary Interests (CDIs) listed by the issuer for trading on the Australian Securities Exchange (ASX).
F2 Reflecting an award of restricted stock units granted on September 15, 2021, and vesting 25% on the six month anniversary of the vesting commencement date with remainder in equal installments quarterly thereafter.
F3 Reflecting an award of restricted stock units granted on May 1, 2022 and vesting 100% on May 1, 2023.
F4 The options vest and become exercisable over 4 years, beginning with 25% on the first anniversary of the vesting commencement date and then in equal monthly installments thereafter. The vesting commencement date is April 7, 2020 and 36,458 options were vested as of the reporting date.
F5 The exercise price of AUD$1.35 per share is reported in Column 4 in US Dollars using a foreign exchange rate of 0.619515 on the grant date.
F6 The reported options represent the unexercised portion of an initial grant of 300,000 options, which vest and become exercisable over 4 years, beginning with 25% on the first anniversary of the vesting commencement date and then in equal monthly installments thereafter. The vesting commencement date is July 27, 2019 and 269,167 options were vested and unexercised as of the reporting date.
F7 The options are fully vested and exercisable as of the reporting date.
F8 Representing the portion of the award that is vested but unexercised as of the reporting date.