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

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Matthew Nicosia
Stock symbol
VIVK
Transactions as of
Feb 11, 2022
Transactions value $
$0
Form type
3
Date filed
2/18/2022, 02:36 PM
Previous filing
Feb 18, 2022
Next filing
Feb 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VIVK Common Stock 4.19M Feb 11, 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 Feb 11, 2022 Common Stock 167K $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.