Martin Robert Kay - 03 Jan 2023 Form 4 Insider Report for Netcapital Inc. (NCPL)

Role
CEO, Director
Signature
/s/ Martin Kay
Issuer symbol
NCPL
Transactions as of
03 Jan 2023
Net transactions value
$0
Form type
4
Filing time
05 Jan 2023, 15:15:57 UTC
Previous filing
07 Jun 2022
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
transaction NCPL Option (right to buy) Award $0 +1,000,000 $0.000000 1,000,000 03 Jan 2023 Common Stock 1,000,000 $1.43 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options were issued pursuant to the Issuer's 2023 Omnibus Equity Incentive Plan (the "Plan") subject to the approval of the Plan by the Company's stockholders and vest and become exercisable in forty-eight (48) equal monthly installments commencing on January 3, 2023 and will become fully vested on January 3, 2027, subject to the Reporting Peron's continued service with the Issuer.