Isaac Dietrich - Oct 28, 2024 Form 3 Insider Report for THUMZUP MEDIA Corp (TZUP)

Role
Chief Financial Officer, Director
Signature
/s/ Isaac Dietrich
Stock symbol
TZUP
Transactions as of
Oct 28, 2024
Transactions value $
$0
Form type
3
Date filed
11/4/2024, 05:19 PM
Previous filing
May 31, 2024
Next filing
Dec 5, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TZUP Common Stock 22K Oct 28, 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
holding TZUP Series A Preferred Convertible Voting Stock Oct 28, 2024 Common Stock 11.5K $3.00 Direct F1, F2
holding TZUP Employee Stock Options Oct 28, 2024 Common Stock 150K $5.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As stated in the Amended and Restated Certificate of Designation of Series A Preferred Convertible Voting Stock dated September 26, 2022 (the "Series A Preferred Certificate of Designation"), Series A Preferred Convertible Voting Stock is exercisable upon issuance, and has no expiration date.
F2 Series A Preferred Convertible Voting Stock converts into 15 shares of Common Stock at a Reference Rate of $3.00, subject to adjustments as specified in the Series A Preferred Certificate of Designation.
F3 Mr. Dietrich's Employee Stock Options will vest on a vesting schedule with 25% of the options vesting on January 1, 2025 and the remaining 75% vesting in 48 equal monthly installments of 2,379 option shares commencing January 1, 2025.