Earnings Feed
Start Free
Home/Filings/4/0001493152-23-013519
4//SEC Filing

KAKUMANU SWAPAN 4

Accession 0001493152-23-013519

CIK 0001515139other
View on SEC.govCompany Profile

Filed

Apr 24, 8:00 PM ET

Accepted

Apr 25, 4:05 PM ET

Size

12.4 KB

Accession

0001493152-23-013519

Insider Transaction Report

Form 4
Period: 2023-04-21
METAWORKS PLATFORMS, INC.MWRK
KAKUMANU SWAPAN
Chief Financial Officer
Transactions
  • Award

    Stock Options

    2023-04-21$0.09/sh+2,000,000$182,000→ 4,300,000 total
    Exercise: $0.09From: 2023-04-21Exp: 2033-04-21→ Common Stock (2,000,000 underlying)
Holdings

  • Common Stock

    (indirect: Red to Black Inc.)
    50,000

  • Warrants

    (indirect: Fogdog Energy Solutions Inc.)
    Exercise: $0.55Exp: 2026-09-09→ Common Stock (250,000 underlying)
    250,000

  • Stock Options

    (indirect: Red to Black Inc.)
    Exercise: $0.10From: 2018-10-15Exp: 2027-10-15→ Common Stock (100,000 underlying)
    100,000

  • Common Stock

    137,857

  • Stock Options

    Exercise: $0.09From: 2022-08-26Exp: 2032-08-26→ Common Stock (2,300,000 underlying)
    2,300,000
Footnotes (7)
  • [F1]Swapan Kakumanu has the sole power to vote or direct the vote, and to dispose or direct the disposition, of the shares held by Red to Black Inc
  • [F2]The stock options vest as to 1/3 on October 15, 2018, 1/3 on October 15, 2019 and 1/3 on October 15, 2020.
  • [F3]The options vest as to 50% on August 26, 2022 and 50% on August 26, 2023.
  • [F4]The options vest on April 21, 2023.
  • [F5]The warrants were issued to Fogdog Energy Solutions Inc. ("Fogdog") pursuant to a services agreement dated August 20, 2021 (the "Agreement") with Fogdog, whereby Fogdog will provide CurrencyWorks Inc. (the "Issuer") with free of charge access to the electricity power generated from any clean electricity power generation thermal units built and operated by Fogdog in Canada or the United States of America for a period of five (5) years from the date that the Issuer provides an advance of $850,000 to Fogdog (the "Loan") pursuant to a loan agreement with Fogdog dated August 20, 2021, provided that the Issuer is using such power to develop and operate cryptocurrency mining operations.
  • [F6]The Warrants will vest and become exercisable only upon repayment in full of the Loan.
  • [F7]Swapan Kakumanu is the chief financial officer and director of Fogdog and also owns 50% of the shares of Fogdog.

Documents

1 file

Issuer

METAWORKS PLATFORMS, INC.

CIK 0001515139

→
Entity typeother

Related Parties

1
  • filerCIK 0001760785

Filing Metadata

Form type
4
Filed
Apr 24, 8:00 PM ET
Accepted
Apr 25, 4:05 PM ET
Size
12.4 KB
View on SEC.gov