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IZEA Worldwide, Inc. — Director's Dealing 2016
May 19, 2016
34432_dirs_2016-05-18_d1d1162b-9d2f-4a68-aff9-28c805c1fedc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IZEA, Inc. (IZEA)
CIK: 0001495231
Period of Report: 2016-05-16
Reporting Person: Caron John H (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-05-16 | Common Stock | M | 3261 | — | Acquired | 6242 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-05-16 | Restricted Stock Units | $0.0 | A | 3261 | Acquired | Common Stock (3261.0) | Direct | |
| 2016-05-16 | Restricted Stock Units | $0.0 | M | 3261 | Disposed | Common Stock (3261.0) | Direct |
Footnotes
F1: Each Restricted Stock Unit represents a right to receive at settlement one share of Issuer common stock.
F2: This transaction represents the settlement of Restricted Stock Units in shares of Issuer common stock.
F3: Restricted Stock Units ("RSU") received for director fees valued at $18,750 based on the closing market price of $5.75 on the grant date, vesting as to 362 shares on May 16, 2016 and 362 shares on the last day of each month from May 31, 2016 through November 30, 2016 and the final vesting of 365 shares on December 31, 2016. The Issuer shares of common stock underlying the RSU were issued on the grant date, but are restricted by the vesting period of the RSU. In the event the Reporting Person no longer serves as a director at each vesting date, any unvested shares will be forfeited to the Issuer. The RSU has no expiration date.