Claes Kalborg - 01 Feb 2022 Form 4 Insider Report for KIDOZ INC. (KDOZF)

Role
Director
Signature
/s/ C. Kalborg
Issuer symbol
KDOZF
Transactions as of
01 Feb 2022
Net transactions value
+$195,000
Form type
4
Filing time
14 Feb 2022, 11:43:18 UTC
Previous filing
11 Feb 2022
Next filing
18 Nov 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 KDOZF Employee Stock (Right to Buy) Award $195,000 +500,000 $0.3900 450,000 01 Feb 2022 Common Stock 50,000 $0.3900 Direct F1
holding KDOZF Employee Stock (Right to Buy) 450,000 01 Feb 2022 Common Stock 25,000 $0.4300 Direct F2
holding KDOZF Employee Stock (Right to Buy) 450,000 01 Feb 2022 Common Stock 275,000 $0.5000 Direct F3
holding KDOZF Employee Stock (Right to Buy) 450,000 01 Feb 2022 Common Stock 50,000 $0.3900 Direct F4
holding KDOZF Employee Stock (Right to Buy) 450,000 01 Feb 2022 Common Stock 50,000 $0.8100 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. C. Kalborg was granted 50,000 stock options at CAD$0.50 (approximately US$0.39) on February 1, 2022. These options vest at 2% per month.
F2 Mr. C. Kalborg was granted 25,000 options with an exercise price of CAD$0.54 (US$0.43) on November 8, 2017. These options vest immediately.
F3 Mr. C. Kalborg was granted 275,000 stock options at US$0.50 on June 4, 2018. These options vest immediately.
F4 Mr. C. Kalborg was granted 50,000 stock options at CAD$0.50 (approximately US$0.39) on February 1, 2021. These options vest 10% on grant date, 15% after one year and 2% per month thereafter.
F5 Mr. C. Kalborg was granted 50,000 stock options at CAD$1.02 (approximately US$0.813) on April 6, 2021. These options vest at 2% per month.