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IZEA Worldwide, Inc. Director's Dealing 2023

Jul 3, 2023

34432_dirs_2023-07-03_8ca9f4a0-ecfa-47cf-a409-363eaee3b7c7.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IZEA Worldwide, Inc. (IZEA)
CIK: 0001495231
Period of Report: 2023-06-30

Reporting Person: BIERE PETER (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-06-30 Common Stock M 79 Acquired 3551 Direct
2023-06-30 Common Stock M 302 Acquired 3853 Direct
2023-06-30 Common Stock M 469 Acquired 4322 Direct
2023-06-30 Common Stock F 252 $2.42 Disposed 4070 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-06-30 Restricted Stock Units $ M 79 Disposed Common Stock (79) Direct
2023-06-30 Restricted Stock Units $ M 302 Disposed Common Stock (302) Direct
2023-06-30 Restricted Stock Units $ M 469 Disposed 2033-04-14 Common Stock (469) Direct

Footnotes

F1: On June 16, 2023 the Issuer effected a 1-for-4 reverse stock split (the "Reverse Stock Split"). The number of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.

F2: Reflects shares surrendered to the Issuer to satisfy tax withholding obligations upon vesting of the Restricted Stock Units.

F3: Each Restricted Stock Unit represents a contingent right to receive at settlement one share of Issuer common stock.

F4: These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on April 1, 2022 and vest 25% after one year and then 75% in 36 equal monthly installments commencing on the last day of each succeeding month thereafter.

F5: As a result of the Reverse Stock Split, the Reporting Person's ownership of unvested restricted stock units ("RSUs") representing underlying shares of Common Stock, which were issued to the Reporting Person under the Issuer's 2011 Equity Incentive Plan, being reduced from 10732 RSUs to 2683 RSUs.

F6: These Restricted Stock Units were issued under the Issuer's 2011 Equity Incentive Plan on April 1, 2022 and vest in 12 equal quarterly installments commencing on June 30, 2022.

F7: As a result of the Reverse Stock Split, the Reporting Person's ownership of unvested restricted stock units ("RSUs") representing underlying shares of Common Stock, which were issued to the Reporting Person under the Issuer's 2011 Equity Incentive plan, being reduced from 8,445 RSUs to 2,109 RSUs.

F8: As a result of the Reverse Stock Split, the Reporting Person's ownership of unvested restricted stock units ("RSUs") representing underlying shares of Common Stock, which were issued to the Reporting Person under the Issuer's 2011 Equity Incentive plan, being reduced from 20,606 RSUs to 5,151 RSUs.