Michael J. Roper - Mar 15, 2023 Form 4 Insider Report for Muscle Maker, Inc. (SDOT)

Role
Chief Executive Officer
Signature
/s/ Michael J Roper
Stock symbol
SDOT
Transactions as of
Mar 15, 2023
Transactions value $
$0
Form type
4
Date filed
3/17/2023, 04:05 PM
Previous filing
Mar 17, 2023
Next filing
Dec 21, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SDOT Common Stock 158K Mar 15, 2023 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 +68.9K 68.9K Mar 17, 2023 Common Stock 68.9K $1.51 Direct F1
holding SDOT Stock Options 31.1K Mar 15, 2023 Common Stock 31.1K $1.51 Direct F2
holding SDOT Stock Options 100K Mar 15, 2023 Common Stock 100K $0.41 Direct F3
* 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 68,928 shares of common stock under the 2023 Equity Incentive Plan vesting one twentieth of such shares on each of the twenty quarterly anniversaries of the last date of each quarter commencing March 31, 2023.
F2 The executive was granted a stock option to acquire 31,072 shares of common stock vesting one twentieth of such shares on each of the twenty quarterly anniversaries of the last date of each quarter commencing March 31, 2023.
F3 Pursuant to the terms of the employment agreement, the executive was granted a stock option to acquire 100,000 shares of common stock vesting one twentieth of such shares on each of the twenty quarterly anniversaries of the last date of each quarter commencing June 30, 2022.