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

Role
Director
Signature
/s/ Louis Castro
Stock symbol
LUCY
Transactions as of
Aug 11, 2022
Transactions value $
$0
Form type
3
Date filed
8/15/2022, 08:31 AM
Next filing
Feb 6, 2023

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 Aug 11, 2022 Common Stock 20K $3.56 Direct F1
holding LUCY Stock Options Aug 11, 2022 Common Stock 25K $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).