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

Role
Chief Executive Officer, Director
Signature
/s/ Harrison R. Gross
Stock symbol
LUCY
Transactions as of
Aug 11, 2022
Transactions value $
$0
Form type
3
Date filed
8/15/2022, 08:30 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 375K $1.00 Direct F1
holding LUCY Stock Options Aug 11, 2022 Common Stock 600K $3.56 Direct F2
holding LUCY Stock Options Aug 11, 2022 Common Stock 100K $3.56 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 250,000 vested and the remainder will vest by April 1, 2023.
F2 The options vest in three equal installments of 200,000 annually until the option is fully vested.
F3 The options become vested and exercisable in thirty-five equal monthly installments of 2,777, with a final installment of 2,805 to take place thirty-seven months after the 8/11/2021 grant date.