Anthony Evers - Jun 1, 2024 Form 4 Insider Report for SurgePays, Inc. (SURG)

Role
Chief Financial Officer
Signature
/s/ Anthony Evers
Stock symbol
SURG
Transactions as of
Jun 1, 2024
Transactions value $
$0
Form type
4
Date filed
6/4/2024, 06:05 AM
Previous filing
May 3, 2024
Next filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SURG Restricted Shares (Common Stock) Award $0 +66.7K +86.2% $0.00 144K Jun 1, 2024 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 a restricted stock award granted to the Reporting Person pursuant to the Issuer's 2022 Omnibus Securities and Incentive Plan. The award will vest as to 66,667 RSAs on July 1, 2024, 66,667 RSAs on August 1, 2024, 66,667 RSAs on September 1, 2024, 66,667 RSAs on October 1, 2024, 66,666 RSAs on November 1, 2024, 66,666 RSAs on December 1, 2024, and 200,000 RSAs on December 31, 2025, in each case, subject to Executive's continued employment with the Company through the applicable vesting date.
F2 In connection with the vesting schedule above, the vesting due July 1, 2024, is within sixty days of today's date and is thereby considered to be beneficially owned.
F3 Includes 7,271 shares of Common Stock (held in Mr. Evers' IRA) and options that are currently exercisable, and 66,667 RSAs considered beneficially owned for RSAs set to vest on July 1, 2024 .