R. Daniel Rua - 31 Dec 2023 Form 4 Insider Report for IZEA Worldwide, Inc. (IZEA)

Role
Director
Signature
By: /s/ Peter J. Biere as attorney-in-fact for Daniel Rua
Issuer symbol
IZEA
Transactions as of
31 Dec 2023
Transactions value $
$0
Form type
4
Filing time
03 Jan 2024, 14:52:04 UTC
Previous filing
02 Oct 2023
Next filing
02 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IZEA Common Stock Award $0 +7,463 +18.21% $0 48,441 31 Dec 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

R. Daniel Rua is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 Restricted Stock received for Q4 2023 director fees valued at $15,000 based on the closing market price of $2.0100 on the grant date of December 31, 2023. Award vests immediately at the grant date.