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

Role: Director
Signature: /s/ Trent Staggs
Stock symbol: VIVK
Transactions as of: Oct 24, 2022
Transactions value $: $0
Form type: 4
Date filed: 10/26/2022, 09:53 PM
Previous filing: Feb 24, 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	VIVK	Options to purchase shares of Common Stock	Award		+100K			100K	Oct 24, 2022	Common Stock, par value $0.001	100K		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. Staggs 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. Staggs 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.