Ferrara al - 24 Oct 2022 Form 4 Insider Report for Vivakor, Inc. (VIVK)

Role: Director
Signature: /s/ Al Ferrara
Issuer symbol: VIVK
Transactions as of: 24 Oct 2022
Net transactions value: $0
Form type: 4
Filing time: 26 Oct 2022, 21:51:03 UTC
Previous filing: 27 May 2022
Next filing: 25 May 2023
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
transaction	VIVK	Options to purchase shares of Common Stock	Award		+100,000			100,000	24 Oct 2022	Common Stock, par value $0.001	100,000		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Pursuant to the terms of the Director Compensation Schedule with equity issuances adopted by the Board of Directors of the Company, dated October 24, 2022 (the "Effective Date"), Mr. Ferrara was granted stock options to purchase up to 100,000 shares of the Company's common stock, par value $0.001 per share, at an exercise price of $2.50 per share (the "Stock Options"). The Stock Options shall vest immediately on the Effective Date.

Content

Pursuant to the terms of the Director Compensation Schedule with equity issuances adopted by the Board of Directors of the Company, dated October 24, 2022 (the "Effective Date"), Mr. Ferrara was granted stock options to purchase up to 100,000 shares of the Company's common stock, par value $0.001 per share, at an exercise price of $2.50 per share (the "Stock Options"). The Stock Options shall vest immediately on the Effective Date.