Edward H. Murphy - 31 Dec 2023 Form 4 Insider Report for IZEA Worldwide, Inc. (IZEA)

Role
Chief Executive Officer, Director
Signature
By: /s/ Peter J. Biere as attorney-in-fact for Edward H. Murphy
Issuer symbol
IZEA
Transactions as of
31 Dec 2023
Transactions value $
-$367
Form type
4
Filing time
03 Jan 2024, 14:13:41 UTC
Previous filing
13 Dec 2023
Next filing
01 Feb 2024
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 +274 +0.12% $0 227,252 31 Dec 2023 Direct
transaction IZEA Common Stock Options Exercise $0 +102 +0.04% $0 227,354 31 Dec 2023 Direct
transaction IZEA Common Stock Options Exercise $0 +187 +0.08% $0 227,541 31 Dec 2023 Direct
transaction IZEA Common Stock Options Exercise $0 +1,042 +0.46% $0 228,583 31 Dec 2023 Direct
transaction IZEA Common Stock Options Exercise $0 +190 +0.08% $0 228,773 31 Dec 2023 Direct
transaction IZEA Common Stock Options Exercise $0 +325 +0.14% $0 229,098 31 Dec 2023 Direct
transaction IZEA Common Stock Options Exercise $0 +139 +0.06% $0 229,237 31 Dec 2023 Direct
transaction IZEA Common Stock Options Exercise $0 +277 +0.12% $0 229,514 31 Dec 2023 Direct
transaction IZEA Common Stock Options Exercise $0 +1,781 +0.78% $0 231,295 31 Dec 2023 Direct
transaction IZEA Common Stock Tax liability -$3,786 -1,884 -0.81% $2.01 229,411 31 Dec 2023 Direct F1
transaction IZEA Common Stock Award $3,420 +2,000 +0.87% $1.71 231,411 31 Dec 2023 Direct F2
holding IZEA Common Stock 3,282 31 Dec 2023 By Dogfish Ventures LLLP F3
holding IZEA Common Stock 1 31 Dec 2023 By Spouse

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 -274 -6.25% $0 4,110 31 Dec 2023 Common Stock 274 Direct F4, F5
transaction IZEA Restricted Stock Units Options Exercise $0 -102 -5.88% $0 1,632 31 Dec 2023 Common Stock 102 Direct F4, F6
transaction IZEA Restricted Stock Units Options Exercise $0 -187 -4.75% $0 3,748 31 Dec 2023 Common Stock 187 Direct F4, F7
transaction IZEA Restricted Stock Units Options Exercise $0 -1,042 -3.13% $0 32,286 31 Dec 2023 Common Stock 1,042 Direct F4, F8
transaction IZEA Restricted Stock Units Options Exercise $0 -190 -4.16% $0 4,377 31 Dec 2023 Common Stock 190 Direct F4, F9
transaction IZEA Restricted Stock Units Options Exercise $0 -325 -3.57% $0 8,782 31 Dec 2023 Common Stock 325 Direct F4, F10
transaction IZEA Restricted Stock Units Options Exercise $0 -139 -3.43% $0 3,912 31 Dec 2023 Common Stock 139 Direct F4, F11
transaction IZEA Restricted Stock Units Options Exercise $0 -277 -3.12% $0 8,591 31 Dec 2023 Common Stock 277 Direct F4, F12
transaction IZEA Restricted Stock Units Options Exercise $0 -1,781 -2.27% $0 76,567 31 Dec 2023 Common Stock 1,781 Direct F4, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 Shares acquired at a 15% discount to the closing market price on December 31, 2023 pursuant to the Company's 2014 Employee Stock Purchase Plan.
F3 Edward Murphy, as a partner of Dogish Ventures LLLP, has voting power and investment power over the securities held by Dogfish Ventures LLLP.
F4 Each Restricted Stock Unit represents a contingent right to receive at settlement one share of Issuer common stock.
F5 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on April 1, 2022 and vest in 36 equal monthly installments commencing on the last day of the month in which the grant occurred and on the last day of each succeeding month thereafter.
F6 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on May 19, 2022 and vest in 36 equal monthly installments commencing on the last day of the month in which the grant occurred and on the last day of each succeeding month thereafter.
F7 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on August 16, 2022, and vest 1/12th cliff vesting on November 30, 2022 then in equal monthly installments over the next 33 months.
F8 This Option was issued under the Issuer's May 2011 Equity Incentive Plan on August 27, 2022, 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.
F9 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on November 18, 2022, pursuant to the reporting person's employment agreement and vest in equal monthly installments over 36 months.
F10 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on April 14, 2023, pursuant to the reporting person's employment agreement and vest in equal monthly installments over 36 months.
F11 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on May 26, 2023, pursuant to the reporting person's employment agreement and vest in 36 equal monthly installments on the last day of each month.
F12 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on August 18, 2023 and vest in 36 equal monthly installments commencing on the last day of the month in which the grant occurred and on the last day of each succeeding month thereafter.
F13 These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on August 27, 2023, and vest in 48 monthly installments commencing on the day the grant occurred and on the last day of each succeeding month thereafter.