John Gandolfo - Sep 14, 2021 Form 4 Insider Report for Odyssey Group International, Inc. (ODYY)

Role
Director
Signature
/s/ Christine M. Farrell, Attorney-in-Fact for John P. Gandolfo
Stock symbol
ODYY
Transactions as of
Sep 14, 2021
Transactions value $
$225,000
Form type
4
Date filed
9/16/2021, 05:35 PM
Previous filing
Jun 17, 2021
Next filing
Feb 16, 2022

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 ODYY Restricted Stock Unit (Right to Buy) Award $225K +500K +100% $0.45 1M Sep 14, 2021 Common Stock 500K $0.45 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The vesting of the RSU (Units) is as follows: 500,000 RSU vest equally over 12 months, subject to the Grantee's continuous service through the applicable vesting date. If not forfeited, vesting of the Units will be accelerated and will vest in full immediately upon the closing of a Corporate Transaction, provided that Grantee provides Continuous Service to the Company through the date such Corporate Transaction is closed. Vested Units will be settled by delivering to Grantee a number of shares equal to the number of vested Units on the earlier of the date on which the Grantee's Continuous Service ends, or the closing of a Corporate Transaction.
F2 No expiration.