Celsius Holdings, Inc. — Director's Dealing 2023

Aug 24, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Celsius Holdings, Inc. (CELH)
CIK: 0001341766
Period of Report: 2023-01-01

Reporting Person: David Toby (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-01	Common Stock	A	5767	—	Acquired	37576	Direct
2023-08-22	Common Stock	M	54941	$3.23	Acquired	92517	Direct
2023-08-22	Common Stock	S	25780	$179.00	Disposed	66737	Direct
2023-08-22	Common Stock	S	22506	$178.00	Disposed	44231	Direct
2023-08-22	Common Stock	S	2110	$177.00	Disposed	42121	Direct
2023-08-22	Common Stock	S	4545	$176.1743	Disposed	37576	Direct
2023-08-22	Common Stock	M	20000	$0.34	Acquired	17576	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-08-22	Options (right to buy)	$3.23	M	54941	Disposed	2029-10-23	Common Stock (54941)	Direct
2023-08-22	Options (right to buy)	$0.34	M	20000	Disposed	2024-01-30	Common Stock (20000)	Direct

Footnotes

F1: The reporting person was granted 5,767 RSUs for shares of common stock to be issued under the Issuer's 2015 Stock Incentive Plan. The RSUs vest in equal annual installments over three years beginning 1/1/2024.

F2: This transaction was executed in multiple trades at prices ranging from $176.00 to $176.860. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.

F3: The options were exercisable in three equal annual installments beginning on the first anniversary of the option's grant date, October 23,2019.