SEC Form 4 · accession 0001495231-17-000087
IZEA Worldwide, Inc. · IZEA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward H Murphy
Officer — President and CEO · Director
Period of report
Aug 14, 2017
Accepted (ET)
Aug 16, 2017 · 10:42 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001495231
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 14, 2017 | A | 2,812 | $0.00 | A | 18,839 | D | |
| Common StockF2 | holding | — | — | — | 13,127 | I | By Dogfish Ventures LLLP | |
| Common Stock | holding | — | — | — | 3 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to Buy)F3 | $1.95 | Aug 14, 2017 | A | 0 | A | Aug 14, 2017 | Aug 14, 2027 | Common Stock | 28,113 | 538,736 | D |
Explanation of responses
- F1Restricted Stock received for a Q2 2017 stock bonus valued at $5,482.89 based on the closing market price of $1.95 on the grant date of August 14, 2017. Award vests in 48 equal monthly installments. In the event the Reporting Person no longer serves as a director or employee at each vesting date, any unvested shares will be forfeited to the Issuer.
- F2Edward Murphy, as a partner of Dogish Ventures LLLP, has voting power and investment power over the securities held by Dogfish Ventures LLLP.
- F3These options to purchase shares were issued under the Issuer's May 2011 Equity Incentive Plan and vest in 48 equal installments monthly starting on the grant date of August 14, 2017.