4//SEC Filing
Nelson Tyler Robert 4
Accession 0001683168-22-004319
CIK 0001450704other
Filed
Jun 12, 8:00 PM ET
Accepted
Jun 13, 8:18 PM ET
Size
5.9 KB
Accession
0001683168-22-004319
Insider Transaction Report
Form 4
Vivakor, Inc.VIVK
Nelson Tyler Robert
Chief Financial Officer
Transactions
- Award
Stock Option to Purchase Common Stock
2022-06-09+917,825→ 917,825 total→ Common Stock (917,825 underlying)
Footnotes (1)
- [F1]On June 9, 2022, Vivakor, Inc. (the "Company") entered into an Executive Employment Agreement (the "Agreement") with Tyler Nelson. Pursuant to the Agreement, the Company granted Mr. Nelson a stock option to acquire 917,825 shares of the Company's common stock (the "Stock Option"). The Stock Option will vest over two years with 360,145 of the shares vesting immediately, 219,312 of the shares vesting three (3) months after issuance, and the remaining 338,368 of the shares vesting in equal quarterly installments over the remaining seven (7) quarters (48,338 for 6 quarters and 48,340 in the last quarter), with an exercise price equal to 100% of the fair market value on the date grant, and which expires ten (10) years after the date of grant.
Documents
Issuer
Vivakor, Inc.
CIK 0001450704
Entity typeother
Related Parties
1- filerCIK 0001914280
Filing Metadata
- Form type
- 4
- Filed
- Jun 12, 8:00 PM ET
- Accepted
- Jun 13, 8:18 PM ET
- Size
- 5.9 KB