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Worksport Ltd — Director's Dealing 2021
Dec 30, 2021
34957_dirs_2021-12-30_ec38fe6c-5218-4659-a79c-69dbfee5b809.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Worksport Ltd (WKSP)
CIK: 0001096275
Period of Report: 2021-12-29
Reporting Person: Rossi Steven F. (Director, Chief Executive Officer, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-29 | Common Stock | A | 400000 | $2.51 | Acquired | 400000 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2492538 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Non-Qualified Stock Options | $5.5 | 2026-08-06 | Common Stock (100000) | 100000 | Direct |
Footnotes
F1: Performance Stock Units ("PSU"). The PSU will vest in 5% increments according to a schedule that correlates with the Company's stock price. The first 5% of the PSUs vest upon the Company's stock price closing at $3.00. 50% will have vested at a closing price of $16.50 and 100% will have vested at a closing price of $31.50.
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