Charles Faulkner - Apr 2, 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
Apr 2, 2025
Transactions value $
$0
Form type
4
Date filed
4/2/2025, 04:03 PM
Previous filing
Mar 4, 2025
Next filing
Apr 8, 2025
SEC
View on sec.gov

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) Disposed to Issuer -76.6M -100% 0 Apr 2, 2025 Common Stock 76.6M $0.10 Direct F1, F2
transaction FWAV Stock Options (Right to buy) Award +76.6M 76.6M Apr 2, 2025 Common Stock 76.6M $0.01 Direct F1, F2
transaction FWAV Stock Options (Right to buy) Disposed to Issuer -77M -100% 0 Apr 2, 2025 Common Stock 77M $0.04 Direct F1, F2
transaction FWAV Stock Options (Right to buy) Award +77M 77M Apr 2, 2025 Common Stock 77M $0.01 Direct F1, F2
transaction FWAV Stock Options (Right to buy) Disposed to Issuer -32M -100% 0 Apr 2, 2025 Common Stock 32M $0.06 Direct F1, F2
transaction FWAV Stock Options (Right to buy) Award +32M 32M Apr 2, 2025 Common Stock 32M $0.01 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transactions involved amendments of outstanding stock options, resulting in the cancellation of the "original" stock option and the grant of a replacement stock option. The original stock options have been amended to reduce the exercise price per share to $0.005 per share in exchange for reducing the Reporting Person's accrued salary by $50,0000. The rest of the terms of the original stock options remain in full force and effect.
F2 Not applicable.