Charles Faulkner - Feb 20, 2025 Form 4 Insider Report for Edgemode, Inc. (FWAV)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Charles Faulkner
Stock symbol
FWAV
Transactions as of
Feb 20, 2025
Transactions value $
$769,980
Form type
4
Date filed
2/21/2025, 06:41 PM
Previous filing
Mar 7, 2023
Next filing
Mar 4, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FWAV Common Stock Award $770K +257M +466.1% $0.00 312M Feb 20, 2025 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 FWAV Stock Options (Right to buy) Award +77M 0 Feb 20, 2025 Common Stock 77M $0.04 Direct F2, F3
transaction FWAV Stock Options (Right to buy) Award +77M 0 Feb 20, 2025 Common Stock 77M $0.04 Direct F2, F3
transaction FWAV Stock Options (Right to buy) Award +76.6M 76.6M Feb 20, 2025 Common Stock 76.6M $0.10 Direct F2, F3
transaction FWAV Stock Options (Right to buy) Award +77M 77M Feb 20, 2025 Common Stock 77M $0.04 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was granted with the shares of restricted common stock as partial consideration to convert $769,989 of accrued salary under the Reporting Person's Employment Agreement with the Issuer.
F2 The two reported transactions involved an amendment of an outstanding stock option, resulting in the cancellation of the "old" stock option and the grant of a replacement stock option. The original stock options granted have been amended and restated to become vested and exercisable immediately. The rest of the terms of the original stock options remain in full force and effect.
F3 Not applicable.