0001493152-21-026968.txt : 20211102 0001493152-21-026968.hdr.sgml : 20211102 20211102152055 ACCESSION NUMBER: 0001493152-21-026968 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: Caragol William J CENTRAL INDEX KEY: 0001380465 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40681 FILM NUMBER: 211370767 MAIL ADDRESS: STREET 1: 1690 SOUTH CONGRESS AVENUE STREET 2: SUITE 200 CITY: DELRAY BEACH STATE: FL ZIP: 33445 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 0001380465 Caragol William J 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/ William J. Caragol 2021-11-01