Christoforatos Spiridon 4
4 · Arena Group Holdings, Inc. · Filed May 17, 2022
Insider Transaction Report
Form 4
Christoforatos Spiridon
Chief Accounting Officer
Transactions
- Award
Options to purchase
2021-10-04+11,654→ 11,654 totalExercise: $7.92From: 2022-10-04Exp: 2031-10-04→ Common Stock (11,654 underlying)
Footnotes (3)
- [F1]On February 9, 2022, the Company (formerly known as theMaven, Inc.) changed its name to The Arena Group Holdings, Inc.., uplisted its common stock to the NYSE American, and began trading under the symbol "AREN."
- [F2]Effective at 8:00 p.m. Eastern Time on February 8, 2022, the common stock of the Company, par value $0.01 (the "Common Stock"), underwent a reverse split of 1-for-22 (the "Reverse Stock Split"). All amounts of Common Stock reflect the effect of the Reverse Stock Split.
- [F3]1/3 of the shares associated with the Option will vest on the one-year anniversary of the date of grant; with the balance of the shares vesting in a series of twenty-four (24) successive equal monthly installments thereafter.