Rick Nechio - 02 Mar 2022 Form 4 Insider Report for Fresh Vine Wine, Inc. (VINE)

Signature
/s/ Rick Nechio
Issuer symbol
VINE
Transactions as of
02 Mar 2022
Transactions value $
$0
Form type
4
Filing time
04 Mar 2022, 09:03:03 UTC
Previous filing
13 Dec 2021
Next filing
20 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VINE Common Stock Award $0 +10,000 $0 10,000 02 Mar 2022 Direct F1
holding VINE Common Stock 5,317,653 02 Mar 2022 By Nechio & Novak, LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of Restricted Stock Units (RSUs); each RSU represents a contingent right to receive one share of common stock. RSUs vest on June 18, 2022. The shares are delivered to the Reporting Person upon vesting.
F2 A Texas limited liability company of which the reporting person is a co-founder. The reporting person shares voting and dispositive power over the shares of common stock of the Issuer held by Nechio & Novak, LLC. The reporting person disclaims beneficial ownership over the shares of the Issuer's common stock held by Nechio & Novak, LLC except to the extent of his pecuniary interest in such shares.