BIERE PETER - 30 Sep 2023 Form 4 Insider Report for IZEA Worldwide, Inc. (IZEA)

Role
Chief Financial Officer
Signature
/s/ Peter J. Biere
Issuer symbol
IZEA
Transactions as of
30 Sep 2023
Transactions value $
-$565
Form type
4
Filing time
02 Oct 2023, 17:13:43 UTC
Previous filing
05 Sep 2023
Next filing
02 Nov 2023
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 +79 +1.66% $0.00 4.84K 30 Sep 2023 Direct
transaction IZEA Common Stock Options Exercise $0 +302 +6.24% $0.00 5.15K 30 Sep 2023 Direct
transaction IZEA Common Stock Options Exercise $0 +469 +9.12% $0.00 5.61K 30 Sep 2023 Direct
transaction IZEA Common Stock Tax liability -$565 -259 -4.61% $2.18 5.36K 30 Sep 2023 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 Options Exercise $0 -79 -3.13% $0.00 2.45K 30 Sep 2023 Common Stock 79 Direct F2, F3, F4
transaction IZEA Restricted Stock Units Options Exercise $0 -302 -14.32% $0.00 1.81K 30 Sep 2023 Common Stock 302 Direct F2, F4, F5
transaction IZEA Restricted Stock Units Options Exercise $0 -469 -9.11% $0.00 4.68K 30 Sep 2023 Common Stock 469 Direct F2, F4, F6
* 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.
F2 Each Restricted Stock Unit represents a contingent right to receive at settlement one share of Issuer common stock.
F3 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on April 1, 2022 and vest 25% after one year and then 75% in 36 equal monthly installments commencing on the last day of each succeeding month thereafter.
F4 On June 16, 2023 the Issuer effected a 1-for-4 reverse stock split (the "Reverse Stock Split"). The number of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.
F5 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on April 1, 2022 and vest in quarterly installments over 36 months on the last day of the month..
F6 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on April 14, 2023 and vest in quarterly installments over 36 months on the last day of the month.