James R. Bell - 24 Jun 2022 Form 4 Insider Report for Investview, Inc. (INVU)

Reporting relationship: President, Acting COO., Director
Issuer ticker: INVU
Reported as of: 24 Jun 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 28 Jun 2022, 19:43:31 UTC
Prior SEC filing: 11 Apr 2022
Source filing: View source filing
Reporting owner signature: /s/ James R. Bell

Key filing fact

James R. Bell filed Form 4 for Investview, Inc. (INVU) on 28 Jun 2022.

Key facts

This page summarizes James R. Bell's Form 4 filing for Investview, Inc. (INVU).
3 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 28 Jun 2022, 19:43.

Change

Previous filing in this sequence was filed on 11 Apr 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

INVU transaction

Common Stock, $0.001 par value

Disposed to Issuer

Transaction value: $0
Shares: -30,000,000
Change %: -74%
Price: $0.000000
Shares after: 10,320,000
Date: 24 Jun 2022
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

INVU transaction Derivative

Employee Stock Option

Award

Transaction value: $0
Shares: +37,500,000
Change %
Price: $0.000000
Shares after: 37,500,000
Date: 24 Jun 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 37,500,000
Exercise price: $0.0500
Footnotes: F2

INVU transaction Derivative

Employee Stock Option

Award

Transaction value: $0
Shares: +75,000,000
Change %: +200%
Price: $0.000000
Shares after: 112,500,000
Date: 24 Jun 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 75,000,000
Exercise price: $0.0500
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Disposition to the issuer of restricted stock under Rule 16b-3(e) in exchange for option granted 6/24/2022. See note (2).

Footnote F2

Acquisition from the issuer of option under Rule 16b-3(d) in exchange for restricted stock. Option issued in consideration for Mr. Bell's services as a director of the Company and pursuant to the Company's 2022 Incentive Plan. Option has multiple vesting dates, as follows: 18,750,000 shares of common stock will vest on November 9, 2022; 18,750,000 shares of common stock will vest on November 9, 2023.

Footnote F3

Acquisition from the issuer of option under Rule 16b-3(d), pursuant to Mr. Bell's employment agreement and in consideration for his services as an executive officer. Option issued pursuant to the Company's 2022 Incentive Plan. Option has multiple vesting dates, as follows: 15,000,000 shares of common stock vest on February 21, 2023; 15,000,000 shares of common stock vest on February 21, 2024; 15,000,000 shares of common stock vest on February 21, 2025; 15,000,000 shares of common stock vest on February 21, 2026; 15,000,000 shares of common stock vest on February 21, 2027.