Ryan S. Schram - 01 Jan 2022 Form 4/A - Amendment Insider Report for IZEA Worldwide, Inc. (IZEA)

Role
Chief Operating Officer, Director
Signature
By: /s/ Peter J. Biere as attorney-in-fact for Ryan S. Schram
Issuer symbol
IZEA
Transactions as of
01 Jan 2022
Transactions value $
$-177
Form type
4/A - Amendment
Filing time
06 Jan 2022, 15:20:09 UTC
Date Of Original Report
05 Jan 2022
Previous filing
04 Jan 2022
Next filing
02 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IZEA Common Stock Options Exercise $0 +389 +0.27% $0.000000 146,188 01 Jan 2022 Direct
transaction IZEA Common Stock Tax liability $-177 -132 -0.09% $1.34 146,056 01 Jan 2022 Direct F1

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 IZEA Restricted Stock Units Award $0 +18,657 $0.000000 18,657 01 Jan 2022 Common Stock 18,657 Direct F2, F3, F4
transaction IZEA Restricted Stock Units Options Exercise $0 -389 -2.09% $0.000000 18,268 01 Jan 2022 Common Stock 389 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares surrendered to the Issuer to satisfy tax withholding obligations upon vesting of the Restricted Stock Units on January 1, 2022.
F2 Each Restricted Stock Unit represents a contingent right to receive a settlement of one share of Issuer Common Stock.
F3 The reporting person's original Form 4 for this transaction, filed on January 5, 2022 (the "Original Form 4"), is being amended to correct the number of Restricted Stock Units that were issued and vested on January 1, 2022. The Original Form 4 inadvertently reflected the acquisition of the vested shares rather than the full grant of 18,657 shares.
F4 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan pursuant to the reporting person's employment agreement and vests in 48 equal monthly installments commencing on the grant date and on the last day of each succeeding month thereafter.