D. Sims - 01 Dec 2023 Form 4 Insider Report for Arena Group Holdings, Inc. (AREN)

Role
Director
Signature
/s/ Todd Sims
Issuer symbol
AREN
Transactions as of
01 Dec 2023
Transactions value $
-$151,574
Form type
4
Filing time
05 Dec 2023, 16:30:18
Previous filing
10 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AREN Common Stock Sale -$152K -52.3K -98.6% $2.90 743 01 Dec 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

D. Sims is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents a sale of shares to Simplify Inventions, LLC as described under Item 8.01 of the Current Report on Form 8-K filed by the Issuer on December 5, 2023.
F2 The reported total includes 372 restricted stock units which were scheduled to vest on December 31, 2023, subject to continued service to the Issuer, but which are subject to forfeiture pursuant to the terms of the reporting person's previous restricted stock unit grant from the Issuer. As disclosed in the above-referenced Form 8-K, the reporting person resigned from the Issuer's Board of Directors effective December 1, 2023.