Form 4 for NXXT NEXTNRG, INC.
Accepted 2023-05-04 00:00:00 ET · period of report 2023-04-19 · accession 0001493152-23-015411 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-05-04 | 2023-04-19 | NXXT | Vaknin Avishai | CTO | A - Grant | $0.00 | +2.60M | 2.60M | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Restricted Stock Units | 2023-04-19 | A | A | 2,600,000 | $0.00 | 2,600,000 | D | — | — | (F1) The restricted stock units were granted on April 19, 2023 pursuant to Mr. Vaknin's employment agreement with the Company, which was filed on April 25, 2023 in the Company's Current Report on Form 8-K in conjunction with his appointment as the Company's Chief Technology Officer. Pursuant to his employment agreement, in lieu of a cash salary, Mr. Vaknin will be entitled to Performance Based Restricted Stock Units ("PBRS"). The amount of PBRS issued to Mr. Vaknin will be up to 2,600,000 shares of the Company's restricted common stock, which issuance is subject to the availability of such shares under the EzFill Holdings, Inc. 2023 Equity Incentive Plan. Vesting of the PBRS will be based on achievement of the performance indicators ("Performance Indicators") identified in Schedule I of the employment agreement. |