0001493152-21-026962.txt : 20211102
0001493152-21-026962.hdr.sgml : 20211102
20211102151313
ACCESSION NUMBER: 0001493152-21-026962
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210906
FILED AS OF DATE: 20211102
DATE AS OF CHANGE: 20211102
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Loverock Craig William
CENTRAL INDEX KEY: 0001864633
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40681
FILM NUMBER: 211370722
MAIL ADDRESS:
STREET 1: 48 UNION AVE
CITY: PORT PERRY
STATE: A6
ZIP: L9L 1G2
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Worksport Ltd
CENTRAL INDEX KEY: 0001096275
STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714]
IRS NUMBER: 650782227
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 7299 E. DANBRO CRES
CITY: MISSISSAUGA
STATE: A6
ZIP: L5N 6P8
BUSINESS PHONE: 1-888-554-8789
MAIL ADDRESS:
STREET 1: 7299 E. DANBRO CRES
CITY: MISSISSAUGA
STATE: A6
ZIP: L5N 6P8
FORMER COMPANY:
FORMER CONFORMED NAME: Worksport, Ltd
DATE OF NAME CHANGE: 20200702
FORMER COMPANY:
FORMER CONFORMED NAME: Franchise Holdings International, Inc.
DATE OF NAME CHANGE: 20090512
FORMER COMPANY:
FORMER CONFORMED NAME: TMANGLOBAL COM INC
DATE OF NAME CHANGE: 19991005
4
1
ownership.xml
X0306
4
2021-09-06
0
0001096275
Worksport Ltd
WKSP
0001864633
Loverock Craig William
7299 E DANBRO CRESCENT
MISSISSAUGA,
A6
L5N 6P8
ONTARIO, CANADA
1
0
0
0
Common Stock
2021-08-06
4
A
0
15000
5.50
A
15000
D
Non-Qualified Stock Options
5.50
2021-08-06
4
A
0
15000
0.0001
A
2022-01-01
2026-08-06
Common Stock
15000
15000
D
The Reporting Person was granted restricted stock units ("RSUs") which represent a contingent right to receive one share of Common Stock for each RSU priced at the stock's price on the date the agreement was signed. The RSUs vest entirely on January 1st of 2022. Unless otherwise provided, on the vesting date, shares of Common Stock will automatically be sold to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction.
The Reporting Person was granted Non-Qualified Stock Options ("NQSOs") which represent a contingent right to receive one share of Common Stock for each NQSO at a price of $5.50. The NQSOs vest entirely on January 1st of 2022. These NQSOs expire on August 6th, 2026. The right of exercise shall be cumulative so that to the extent this Option is not exercised in any period to the maximum extent permissible it shall continue to be exercisable, in whole or in part, with respect to all Shares Subject to Option for which it is vested until the earlier of the date on which this Option is fully exercised and the Expiration Date.
/s/ Craig W. Loverock
2021-11-01