D. Sims - Dec 1, 2023 Form 4 Insider Report for Arena Group Holdings, Inc. (AREN)

Role: Director
Signature: /s/ Todd Sims
Stock symbol: AREN
Transactions as of: Dec 1, 2023
Transactions value $: -$151,574
Form type: 4
Date filed: 12/5/2023, 04:30 PM
Previous filing: Apr 10, 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	Dec 1, 2023	Direct	F1, F2

Showing 1 to 1 of 1 entries

* 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.

Content

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.

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.