SCWorx Corp. — Director's Dealing 2020

Aug 12, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCWorx Corp. (WORX)
CIK: 0001674227
Period of Report: 2020-08-10

Reporting Person: Hannibal Timothy Andrew (President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-12	Restricted Stock Units	A	99226	—	Acquired	99226	Direct
2020-08-12	Restricted Stock Units	A	307581	—	Acquired	307581	Direct
2020-08-12	Restricted Stock Units	A	200000	—	Acquired	200000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Restricted Stock Units	50000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Option	$6.49	2029-02-12	Common Stock (25000)	25000	Direct

Footnotes

F1: The RSUs were issued to the reporting person in satisfaction of $153,800 of indebtedness for services, and are fully vested.

F2: The RSUs were issued to the reporting person as compensation for services and vest in three equal semi-annual installments commencing October 7, 2020

F3: The RSUs were issued to the reporting person as compensation for services in connection with becoming President and COO of the Issuer.100,00 of these RSUs vest ninety days after the grant date and the remaining 100,000 vest in six equal quarterly installments, commencing February 7, 2021 and every 90 days thereafter, until fully vested.

F4: Options become exercisable in four quarterly installments beginning May 13, 2020