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Arena Group Holdings, Inc. Director's Dealing 2021

Mar 16, 2021

33397_dirs_2021-03-16_87748e57-487d-4945-8bf6-f81e4fb0e884.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: theMaven, Inc. (MVEN)
CIK: 0000894871
Period of Report: 2021-02-18

Reporting Person: Smith Douglas Baker (Chief Financial Officer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-02-18 Options to purchase $0.79 A 1097561 Acquired 2031-02-18 Common Stock (1097561) Direct
2021-02-18 RSU $ A 2560976 Acquired Common Stock (2560976) Direct

Footnotes

F1: 1/3 of the shares associated with the Option will vest on January 1, 2022; with the balance of the shares vesting in a series of twenty-four (24) successive equal monthly installments thereafter.

F2: 1/3 of the RSUs will vest on January 1, 2022; with the balance of the RSUs vesting in a series of twenty-four (24) successive equal monthly installments thereafter. In addition, the RSUs' vesting will accelerate in accordance with the terms of Participants employment agreement with the Company.

F3: Each RSU represents a contingent right to receive 1 share of the Issuer's common stock.