James P. Geiskopf - Jun 15, 2021 Form 4 Insider Report for CurrencyWorks Inc. (MWRK)

Role
Director
Signature
/s/ JAMES GEISKOPF
Stock symbol
MWRK
Transactions as of
Jun 15, 2021
Transactions value $
$870,000
Form type
4
Date filed
6/17/2021, 05:16 PM
Next filing
Dec 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MWRK Common Shares 2.5M Jun 15, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MWRK Stock Options Award $870K +750K +93.75% $1.16* 1.55M Jun 15, 2021 Common Stock 750K $1.16 Direct F3
holding MWRK Stock Options 400K Jun 15, 2021 Common Stock 400K $0.10 Direct F1
holding MWRK Stock Options 800K Jun 15, 2021 Common Stock 400K $1.17 Direct F1
holding MWRK Warrants 1M Jun 15, 2021 Common Stock 1M $0.10 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest as follows: (i) 1/3 on date of grant, (ii) 1/3 on the first anniversary of date of grant and (iii) 1/3 on the second anniversary of date of grant.
F2 Canadian dollars.
F3 The options vest to 1/3 on June 15, 2021, 1/3 on June 15, 2022 and 1/3 on June 15, 2023.