Toby David - 01 Jan 2023 Form 4 Insider Report for Celsius Holdings, Inc. (CELH)

Role: Executive Vice President
Signature: /s/ Marcus Sandifer Marcus Sandifer, Attorney-in-Fact for Toby David
Issuer symbol: CELH
Transactions as of: 01 Jan 2023
Net transactions value: -$9,610,611
Form type: 4
Filing time: 24 Aug 2023, 17:28:47 UTC
Previous filing: 24 Aug 2023
Next filing: 08 Sep 2023
SEC: View on sec.gov

This filing has been restated, see here for the amended filing

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CELH	Common Stock	Award		+5,767	+18%		37,576	01 Jan 2023	Direct	F1
transaction	CELH	Common Stock	Options Exercise	$177,459	+54,941	+146%	$3.23^*	92,517	22 Aug 2023	Direct
transaction	CELH	Common Stock	Sale	$4,614,620	-25,780	-28%	$179.00	66,737	22 Aug 2023	Direct
transaction	CELH	Common Stock	Sale	$4,006,068	-22,506	-34%	$178.00	44,231	22 Aug 2023	Direct
transaction	CELH	Common Stock	Sale	$373,470	-2,110	-4.8%	$177.00	42,121	22 Aug 2023	Direct
transaction	CELH	Common Stock	Sale	$800,712	-4,545	-11%	$176.17	37,576	22 Aug 2023	Direct	F2
transaction	CELH	Common Stock	Options Exercise	$6,800	+20,000		$0.3400^*	17,576	22 Aug 2023	Direct

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	CELH	Options (right to buy)	Options Exercise	$0	-54,941	-28%	$0.000000	140,049	22 Aug 2023	Common Stock	54,941	$3.23	Direct	F3
transaction	CELH	Options (right to buy)	Options Exercise	$0	-20,000	-100%	$0.000000^*	0	22 Aug 2023	Common Stock	20,000	$0.3400	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person was granted 5,767 RSUs for shares of common stock to be issued under the Issuer's 2015 Stock Incentive Plan. The RSUs vest in equal annual installments over three years beginning 1/1/2024.
F2	This transaction was executed in multiple trades at prices ranging from $176.00 to $176.860. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
F3	The options were exercisable in three equal annual installments beginning on the first anniversary of the option's grant date, October 23,2019.