Sundie Seefried - Oct 4, 2022 Form 4 Insider Report for SHF Holdings, Inc. (SHFS)

Signature
Sundie Seefried
Stock symbol
SHFS
Transactions as of
Oct 4, 2022
Transactions value $
$0
Form type
4
Date filed
10/7/2022, 03:58 PM
Previous filing
Oct 7, 2022
Next filing
Jun 12, 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
transaction SHFS Incentive Stock Options Award $0 +550K $0.00 550K Oct 4, 2022 Class A Common Stock 550K $6.67 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Incentive stock options to purchase 550,000 shares of the Issuer's Class A Common Stock granted under the Issuer's 2022 Equity Incentive Plan, which options expire 10 years from the grant date. Thirty three percent (33%) of the options vested on the grant date, and the remaining options shall vest in two substantially equal yearly installments on the first and second anniversaries of the grant date. The Reporting Person is subject to a lockup agreement with the Issuer regarding the shares underlying these incentive stock options.