Pullano Chelsea 4
4 · Creatd, Inc. · Filed Jun 7, 2022
Insider Transaction Report
Form 4
Creatd, Inc.CRTD
Pullano Chelsea
CHIEF FINANCIAL OFFICER
Transactions
- Award
Stock Options
2022-06-03+50,000→ 50,000 total→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]The options (the "Options") shall be issued on a basis requiring continued employment with the Company and the Company having achieved a minimum of $6 million in net revenues for the 2022 fiscal year. Each restricted Option represents a contingent right to receive one share of the Company's common stock. The Option will be issued and shall vest subject only to continued employment with (i) 1/3 of the Options, priced at $1.32, vesting on December 31, 2022, (ii) 1/3 of the Options, priced at $1.58, vesting on December 31, 2023, and (iii) the final 1/3 of the Options, priced at $1.90, vesting on December 31, 2024. The restricted stock units do not expire, they either vest or are canceled prior to vesting date.