Damian Novak - Mar 2, 2022 Form 4 Insider Report for Fresh Vine Wine, Inc. (VINE)

Role
EXECUTIVE CHAIRMAN, Director, 10%+ Owner
Signature
/s/ Elliot Savoie, Attorney-in-Fact
Stock symbol
VINE
Transactions as of
Mar 2, 2022
Transactions value $
$0
Form type
4
Date filed
3/3/2022, 03:20 PM
Previous filing
Dec 28, 2021
Next filing
Dec 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VINE Common Stock Award $0 +10K +33.11% $0.00 40.2K Mar 2, 2022 Direct F1
holding VINE Common Stock 5.32M Mar 2, 2022 By Nechio & Novak, LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of Restricted Stock Units (RSUs); each RSU represents a contingent right to receive one share of common stock. RSUs vest on June 18, 2022. The shares are delivered to the Reporting Person upon vesting.
F2 A Texas limited liability company of which the reporting person is a co-founder. The reporting person shares voting and dispositive power over the shares of common stock of the Issuer held by Nechio & Novak, LLC. The reporting person disclaims beneficial ownership over the shares of the Issuer's common stock held by Nechio & Novak, LLC except to the extent of his pecuniary interest in such shares.

Remarks:

Exhibit 24.1 Power of Attorney filed with Form 3 on December 13, 2021 and incorporated herein by reference.