IZEA Worldwide, Inc. — Director's Dealing 2017

Sep 26, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IZEA, Inc. (IZEA)
CIK: 0001495231
Period of Report: 2017-09-22

Reporting Person: AWM Investment Company, Inc. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-09-22	Common Stock	S	87311	$4.0052	Disposed	930905	Indirect
2017-09-25	Common Stock	S	162689	$5.6161	Disposed	768216	Indirect
2017-09-26	Common Stock	S	125000	$6.4484	Disposed	643216	Indirect
2017-09-26	Common Stock	S	75000	$6.8694	Disposed	568216	Indirect

Footnotes

F1: This is a weighted average price.

F2: AWM Investment Company, Inc., a Delaware Corporation (AWM), is the investment adviser to Special Situations Private Equity Fund, L.P. (PE), Special Situations Technology Fund, L.P. (TECH) and Special Situations Technology Fund II, L.P. (TECH II and together with SSPE and TECH, the Funds). As the investment adviser to the Funds, AWM holds sole voting and investment power over 209,342 shares of Common Stock of the Issuer (the Shares) held by PE, 53,831 Shares held by TECH and 305,043 Shares held by TECH II.

F3: Austin W. Marxe (Marxe), David M. Greenhouse (Greenhouse) and Adam C. Stettner (Stettner) are the controlling principals of AWM. The reporting person disclaims beneficial ownership of the Shares, except to the extent of its pecuniary interest therein. This report shall not be deemed an admission that the reporting person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.