Matthew Nicosia - 11 Feb 2022 Form 3 Insider Report for Vivakor, Inc. (VIVK)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Matthew Nicosia
Issuer symbol: VIVK
Transactions as of: 11 Feb 2022
Net transactions value: $0
Form type: 3
Filing time: 18 Feb 2022, 14:36:58 UTC
Previous filing: 18 Feb 2022
Next filing: 24 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	VIVK	Common Stock						4,189,690	11 Feb 2022	See footnote	F1, F2

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	VIVK	Options to purchase shares of common stock							11 Feb 2022	Common Stock	166,667	$13.20	Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	The shares of common stock ("Common Stock") beneficially owned by Mr. Nicosia includes 4,189,428 Common Stock held by AKMN Irrevocable Trust and 262 Common Stock held by Nicosia Family Trust. Mr. Nicosia is the trustee of the AKMN Irrevocable Trust.
F2	Common stock, par value $0.0001 per share.
F3	These options to purchase shares of Common Stock (the "Options") of Vivakor, Inc. (the "Company"), were issued to Mr. Nicosia on September 29, 2020 (the "The Date Of issuance"), pursuant to that certain Employment Agreement by and between Mr. Nicosia and the Company, dated September 24, 2020. The Options will vest on the five-year anniversary of the Date of Issuance.
F4	The Options' expiration date is February 11, 2027.