Jennifer K. Black - Oct 10, 2022 Form 4 Insider Report for Muscle Maker, Inc. (SDOT)

Signature
/s/ Jennifer K Black
Stock symbol
SDOT
Transactions as of
Oct 10, 2022
Transactions value $
$0
Form type
4
Date filed
10/12/2022, 10:26 AM
Previous filing
May 4, 2022
Next filing
Nov 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SDOT Common Stock 31K Oct 10, 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
transaction SDOT Stock Options Award +25K 25K Oct 10, 2022 Common Stock 25K $0.41 Direct F1
holding SDOT Stock Option 20K Oct 10, 2022 Common Stock 20K $0.41 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The executive was granted a stock option to acquire 25,000 shares of common stock with respect one twentieth of such shares on each of the twenty quarterly anniversaries of the last date of each quarter commencing December 31, 2022.
F2 Pursuant to the terms of the employment agreement, the executive was granted a stock option to acquire 20,000 shares of common stock with respect one twentieth of such shares on each of the twenty quarterly anniversaries of the last date of each quarter commencing June 30, 2022.