4//SEC Filing
KAKUMANU SWAPAN 4
Accession 0001493152-24-001864
CIK 0001515139other
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 9:00 PM ET
Size
13.8 KB
Accession
0001493152-24-001864
Insider Transaction Report
Form 4
KAKUMANU SWAPAN
Chief Financial Officer
Transactions
- Award
Stock Options
2024-01-06$0.02/sh+2,000,000$40,000→ 6,300,000 totalExercise: $0.02From: 2024-01-06Exp: 2034-01-06→ Common Stock (2,000,000 underlying)
Holdings
- 100,000(indirect: Red to Black Inc.)
Stock Options
Exercise: $0.10From: 2018-10-15Exp: 2027-10-15→ Common Stock (100,000 underlying) - 4,300,000
Stock Options
Exercise: $0.09From: 2023-04-21Exp: 2033-04-21→ Common Stock (2,000,000 underlying) - 137,857
Common Stock
- 250,000(indirect: Fogdog Energy Solutions Inc.)
Warrants
Exercise: $0.55Exp: 2026-09-09→ Common Stock (250,000 underlying) - 2,300,000
Stock Options
Exercise: $0.09From: 2022-08-26Exp: 2032-08-26→ Common Stock (2,300,000 underlying) - 50,000(indirect: Red to Black Inc.)
Common Stock
Footnotes (8)
- [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.
- [F8]The options vest on January 6, 2024.
Documents
Issuer
METAWORKS PLATFORMS, INC.
CIK 0001515139
Entity typeother
Related Parties
1- filerCIK 0001760785
Filing Metadata
- Form type
- 4
- Filed
- Jan 8, 7:00 PM ET
- Accepted
- Jan 9, 9:00 PM ET
- Size
- 13.8 KB