Form 4: Kidoz Inc. Director David Moshe Reports Stock Option Grant and Beneficial Ownership
SEC Form 4
Director David Moshe reports the grant of 25,000 stock options and updates to his beneficial ownership of Kidoz Inc. shares.
Summary
- On April 1, 2024, David Moshe, a director of Kidoz Inc., filed a Form 4.
- The report details the grant of 25,000 employee stock options to Mr. Moshe on March 26, 2024, at an exercise price of CAD$0.20 (US$0.147).
- These options vest at a rate of 2% per month.
- Mr. Moshe directly owns 543,379 shares of Kidoz Inc. common stock.
- He also indirectly owns 339,612 shares through Compass H.N.T Yazamut Ltd., a company he 100% owns.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The grant of stock options to a director aligns their interests with those of the shareholders.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders are informed about the director's stock options and ownership.
Key Dates
| Date | Description |
|---|---|
| 06/30/2020 | Mr. Moshe David was granted 300,000 stock options of Kidoz Inc. |
| 06/30/2021 | Vesting commences for 300,000 stock options granted on June 30, 2020. |
| 02/01/2021 | Mr. M. David was granted 50,000 stock options. |
| 04/06/2021 | Mr. M. David was granted 50,000 stock options. |
| 02/01/2022 | Mr. M. David was granted 50,000 stock options. |
| 02/21/2023 | Mr. M. David was granted 50,000 stock options. |
| 03/26/2024 | Mr. M. David was granted 25,000 stock options. |
| 04/01/2024 | Date of Form 4 filing. |
| 06/30/2025 | Expiration date for 300,000 stock options granted on June 30, 2020. |
| 02/01/2026 | Expiration date for 50,000 stock options granted on February 1, 2021. |
| 04/06/2026 | Expiration date for 50,000 stock options granted on April 6, 2021. |
| 02/01/2027 | Expiration date for 50,000 stock options granted on February 1, 2022. |
| 02/21/2028 | Expiration date for 50,000 stock options granted on February 21, 2023. |
| 03/25/2029 | Expiration date for 25,000 stock options granted on March 26, 2024. |
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