Joseph Visconti - Aug 11, 2022 Form 4 Insider Report for Forza X1, Inc. (FRZA)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Joseph C. Visconti
Stock symbol
FRZA
Transactions as of
Aug 11, 2022
Transactions value $
$0
Form type
4
Date filed
8/12/2022, 06:01 AM
Previous filing
Jul 26, 2021
Next filing
Oct 21, 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 FRZA Stock Options (right to purchase) Award $0 +400K $0.00 400K Aug 11, 2022 Common Stock 400K $5.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of options to purchase 400,000 shares of common stock that will vest pro rata on a monthly basis over a thirty six-month period and exercisable for a period of ten years from the date of grant, commencing on September 1, 2022.