Kaplan Jed Philip 4
4 · SIMPLICITY ESPORTS & GAMING Co · Filed Apr 26, 2022
Insider Transaction Report
Form 4
Kaplan Jed Philip
Director10% Owner
Transactions
- Award
Stock Option (right to buy)
2022-04-22+90,000→ 90,000 totalExercise: $2.77From: 2022-04-22Exp: 2025-04-22→ Common Stock (90,000 underlying)
Holdings
- 37,892(indirect: See footnote)
Common Stock
- 2,440(indirect: By Spouse)
Common Stock
- 230,663
Common Stock
Footnotes (3)
- [F1]Of the 230,663 shares directly beneficially owned by the reporting person, (i) 215,663 shares are held by the reporting person, and (ii) 15,000 shares are held jointly by the reporting person and his spouse.
- [F2]Held by the Kaplan Charitable Foundation, of which the reporting person serves as trustee.
- [F3]Represents a grant, approved by the issuer's board of directors, of options to purchase 90,000 shares of the issuer's common stock at an exercise price of $2.77 per share. The options vest with respect to 50% of the shares (45,000 shares) on the date of grant. Thereafter, the options vest with regard to 25% of the shares (22,500 shares) each quarter over the next six months.