William H. Milmoe - Sep 20, 2023 Form 4 Insider Report for Celsius Holdings, Inc. (CELH)

Role: 10%+ Owner
Signature: /s/ William H. Milmoe
Stock symbol: CELH
Transactions as of: Sep 20, 2023
Transactions value $: -$660
Form type: 4
Date filed: 9/22/2023, 04:05 PM
Previous filing: Sep 20, 2023
Next filing: Oct 23, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CELH	Covered Calls	Sale	-$660	-20	-100%	$33.00^*	Sep 20, 2023	Common Stock	2K	$250.00	Direct	F1, F2
transaction	CELH	Covered Calls	Sale	$0	0		$28.30^*	Sep 21, 2023	Common Stock	2K	$220.00	Direct	F1, F2
transaction	CELH	Covered Calls	Sale	$0	0		$29.15^*	Sep 22, 2023	Common Stock	2K	$220.00	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Covered Calls represent the right of the option holder to buy, and the obligation of the Reporting Person to sell, the shares subject to the options at the exercise price.
F2	Pursuant to the terms of the option transaction, the Reporting Person sold 20 call options referencing 2,000 shares of Celsius Holdings, Inc. common stock on each of September 20, 2023, September 21, 2023 and September 22, 2023. The options are exercisable by the holder through January 2025. In exchange, the Reporting Person will receive a cash payment of option premium of $33.00 per covered call for the covered calls sold on September 20, 2023, $28.30 per covered call for the covered calls sold on September 21, 2023 and $29.15 per covered call for the covered calls sold on September 22, 2023.

Content

Covered Calls represent the right of the option holder to buy, and the obligation of the Reporting Person to sell, the shares subject to the options at the exercise price.

Pursuant to the terms of the option transaction, the Reporting Person sold 20 call options referencing 2,000 shares of Celsius Holdings, Inc. common stock on each of September 20, 2023, September 21, 2023 and September 22, 2023. The options are exercisable by the holder through January 2025. In exchange, the Reporting Person will receive a cash payment of option premium of $33.00 per covered call for the covered calls sold on September 20, 2023, $28.30 per covered call for the covered calls sold on September 21, 2023 and $29.15 per covered call for the covered calls sold on September 22, 2023.