Rossi Steven F. 4
4 · Worksport Ltd · Filed Dec 30, 2021
Insider Transaction Report
Form 4
Worksport LtdWKSP
Rossi Steven F.
DirectorChief Executive Officer10% Owner
Transactions
- Award
Common Stock
2021-12-29$2.51/sh+400,000$1,004,000→ 400,000 total
Holdings
- 100,000
Non-Qualified Stock Options
Exercise: $5.50From: 2022-01-01Exp: 2026-08-06→ Common Stock (100,000 underlying) - 2,492,538
Common Stock
Footnotes (1)
- [F1]Performance Stock Units ("PSU"). The PSU will vest in 5% increments according to a schedule that correlates with the Company's stock price. The first 5% of the PSUs vest upon the Company's stock price closing at $3.00. 50% will have vested at a closing price of $16.50 and 100% will have vested at a closing price of $31.50.