Brian Schaffner - Aug 23, 2023 Form 4 Insider Report for Expion360 Inc. (XPON)

Signature
/s/ Gregory Aydelott, Attorney-In-Fact for Brian Schaffner
Stock symbol
XPON
Transactions as of
Aug 23, 2023
Transactions value $
$0
Form type
4
Date filed
8/28/2023, 08:04 AM
Previous filing
Dec 28, 2022
Next filing
Jan 17, 2024

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 XPON Stock Option (Right to Buy) Award $0 +50K $0.00 50K Aug 23, 2023 Common Stock 50K $4.92 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a grant of stock options ("Options") made to the Reporting Person under the Issuer's 2021 Incentive Award Plan. The Options vest and become exercisable in 12 equal quarterly installments through June 30, 2026, with the first installment vesting commencing on September 30, 2023, subject to the Reporting Person's continued service to the Issuer through each such vesting date.

Remarks:

Exhibit 24.1 - Power of Attorney