Cameron Chell - 06 Jan 2024 Form 4 Insider Report for METAWORKS PLATFORMS, INC. (WAST)

Role
Director
Signature
/s/ Cameron Chell
Issuer symbol
WAST
Transactions as of
06 Jan 2024
Net transactions value
+$40,000
Form type
4
Filing time
09 Jan 2024, 21:00:32 UTC
Previous filing
29 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MWRK Common Stock 213,034 06 Jan 2024 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 MWRK Stock Options Award $40,000 +2,000,000 +69% $0.0200 4,900,000 06 Jan 2024 Common Stock 2,000,000 $0.0200 Direct F3
holding MWRK Stock Options 400,000 06 Jan 2024 Common Stock 400,000 $0.1000 Direct F1
holding MWRK Stock Options 2,900,000 06 Jan 2024 Common Stock 2,500,000 $0.0900 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest as follows (i) 1/3 on grant date, (ii) 1/3 on the first anniversary of date of grant and (iii) 1/3 on the second anniversary of date of grant.
F2 The options vest as to 50% on August 26, 2022 and 50% on August 22, 2023.
F3 The options vest on January 6, 2024.