Andrew Q. Kraft - Mar 6, 2023 Form 4 Insider Report for Arena Group Holdings, Inc. (AREN)

Role: CHIEF OPERATING OFFICER
Signature: /s/ Andrew Q Kraft
Stock symbol: AREN
Transactions as of: Mar 6, 2023
Transactions value $: -$68,478
Form type: 4
Date filed: 11/6/2023, 04:28 PM
Previous filing: Dec 23, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AREN	Common Stock	Tax liability	-$68.5K	-9.67K	-7.91%	$7.08	113K	Mar 6, 2023	Direct	F1
transaction	AREN	Common Stock	Award	$0	+20K	+17.77%	$0.00	133K	Nov 2, 2023	Direct	F2

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	AREN	Stock Option (right to buy)	Award	$0	+20K		$0.00	20K	Nov 2, 2023	Common Stock	20K	$4.04	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares forfeited pursuant to tax withholding.
F2	This total includes certain unvested shares subject to forfeiture if underlying vesting conditions are not met.
F3	One third of the options vest on November 2, 2024, with the remainder vesting ratably in 24 monthly installments thereafter, subject to the reporting person's continued service to the Issuer on each vesting date.