Matthew Drinkwater - 01 Dec 2021 Form 4 Insider Report for Bright Mountain Media, Inc. (BMTM)

Role
Chief Executive Officer, Director
Signature
/s/ Matthew Drinkwater
Issuer symbol
BMTM
Transactions as of
01 Dec 2021
Net transactions value
$0
Form type
4
Filing time
17 Sep 2024, 11:38:11 UTC
Next filing
16 Dec 2024
SEC
View on sec.gov

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
transaction BMTM Stock Option (right to buy) Award $0 +500,000 $0.000000 500,000 01 Dec 2021 Common Stock 500,000 $0.0100 Direct F1
transaction BMTM Stock Option (right to buy) Award $0 +250,000 $0.000000 250,000 26 May 2022 Common Stock 250,000 $0.0100 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of the shares underlying the stock option, 375,000 shares are fully vested. The remaining shares shall vest and become exercisable on December 1, 2024.
F2 Of the shares underlying the stock option, 125,000 shares are fully vested. The remaining shares shall vest and become exercisable in two equal installments on May 26, 2025 and May 26, 2026.

Remarks:

The issuer appointed the reporting person as Chief Executive Officer of the issuer effective December 1, 2021, and as a director of the issuer on January 14, 2022.