Kozko Dmitry 4
4 · Motorsport Games Inc. · Filed Jun 21, 2021
Insider Transaction Report
Form 4
Kozko Dmitry
DirectorChief Executive Officer
Transactions
- Award
Stock Option (right to buy)
2021-06-18+150,000→ 150,000 totalExercise: $20.00Exp: 2031-06-18→ Class A Common Stock (150,000 underlying) - Award
Stock Option (right to buy)
2021-06-18+44,577→ 44,577 totalExercise: $23.86Exp: 2031-06-18→ Class A Common Stock (44,577 underlying)
Footnotes (2)
- [F1]Represents stock options awarded to the reporting person under the Motorsport Games Inc. 2021 Equity Incentive Plan (the "Plan"), which will vest in three equal annual installments, with the first installment vesting on June 18, 2022.
- [F2]Represents stock options awarded to the reporting person outside of the Plan, which will vest in three equal annual installments, with the first installment vesting on June 18, 2022. This award was previously approved by the compensation committee of the Company's board of directors, the Company's board of directors and the Company's stockholder as part of the approval of the reporting person's employment agreement with Motorsport Games Inc. and compensation arrangements and the awards set forth in such employment agreement. The issuance of the options pursuant to this award was subject to satisfaction of certain conditions precedent set forth in such employment agreement. The options pursuant to this award are issued to the reporting person because such conditions precedent have been satisfied.