Peter Jameson - 10 Jan 2022 Form 3 Insider Report for Vuzix Corp (VUZI)

Role: Chief Operating Officer
Signature: /s/ Peter Jameson
Issuer symbol: VUZI
Transactions as of: 10 Jan 2022
Transactions value $: $0
Form type: 3
Filing time: 19 Jan 2022, 14:56:34 UTC
Next filing: 17 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	VUZI	Common Stock						0	10 Jan 2022	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
holding	VUZI	Stock Options (right to buy)							10 Jan 2022	Common Stock	150K	$18.94	Direct	F1
holding	VUZI	Stock Options (right to buy)							10 Jan 2022	Common Stock	270K	$19.00	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The options were granted on March 17, 2021 and will vest over four years. One-quarter of the options will vest one year from date of grant and the remainder will vest monthly over the following three years.
F2	The options were granted on March 17, 2021 and will vest solely upon achievement of certain market capitalization and operating results goals and not simply the passage of time. None of the options have vested to date.