Louis Castro - 11 Aug 2022 Form 3 Insider Report for Innovative Eyewear Inc (LUCY)

Role
Director
Signature
/s/ Louis Castro
Issuer symbol
LUCY
Transactions as of
11 Aug 2022
Net transactions value
$0
Form type
3
Filing time
15 Aug 2022, 08:31:03 UTC
Next filing
06 Feb 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
holding LUCY Stock Options 11 Aug 2022 Common Stock 20,000 $3.56 Direct F1
holding LUCY Stock Options 11 Aug 2022 Common Stock 25,000 $3.56 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option grant was approved by the Board of Directors of Innovative Eyewear, Inc. on August 10, 2021. The options vests upon an acquisition or flotation at a valuation greater than or equal to four time (400%) of the most recent published annual Company valuation (2020: $2.7 million).