Benjamin J. Lee - Jan 24, 2023 Form 4 Insider Report for Hall of Fame Resort & Entertainment Co (HOFV)

Role
Chief Financial Officer
Signature
Tara Charnes, Attorney-in-Fact
Stock symbol
HOFV
Transactions as of
Jan 24, 2023
Transactions value $
$0
Form type
4
Date filed
1/26/2023, 08:44 PM
Previous filing
May 23, 2022
Next filing
Mar 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOFV Common Stock Award +5.81K +20.07% 34.8K Jan 24, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs"), which will vest in three equal annual installments beginning on January 24, 2024. This RSU grant is subject to shareholder approval to increase the number of shares available for grant under the issuer's 2020 Omnibus Incentive Plan.
F2 Includes (i) 27,834 unvested restricted stock units granted March 21, 2022, which will vest in three equal annual installments beginning on March 21, 2023, and (ii) 5,813 unvested restricted stock units granted on January 24, 2023, which will vest in three equal annual installments beginning on January 24, 2024.
F3 Effective December 27, 2022, the Issuer completed a 1-for-22 reverse stock split (the "Reverse Stock Split") of its outstanding Common Stock. The number of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.