James H. Leffew - 11 Aug 2022 Form 4 Insider Report for Forza X1, Inc.

Role
President and CEO, Director
Signature
/s/ James H. Leffew
Issuer symbol
N/A
Transactions as of
11 Aug 2022
Net transactions value
$0
Form type
4
Filing time
12 Aug 2022, 06:02:51 UTC
Next filing
13 Dec 2022
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 FRZA Stock Options (right to purchase) Award $0 +400,000 $0.000000 400,000 11 Aug 2022 Common Stock 400,000 $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.