0001493152-21-032887.txt : 20211230 0001493152-21-032887.hdr.sgml : 20211230 20211230171355 ACCESSION NUMBER: 0001493152-21-032887 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211229 FILED AS OF DATE: 20211230 DATE AS OF CHANGE: 20211230 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SIEGEL NED L CENTRAL INDEX KEY: 0001288179 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40681 FILM NUMBER: 211533655 MAIL ADDRESS: STREET 1: 600 WILSHIRE BOULEVARD CITY: LOS ANGELES STATE: CA ZIP: 90017 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 2021-12-29 0 0001096275 Worksport Ltd WKSP 0001288179 SIEGEL NED L 7299 E DANBRO CRESCENT MISSISSAUGA, A6 L5N 6P8 ONTARIO, CANADA 1 0 0 0 Common Stock 15000 I See Footnote Non-Qualified Stock Options 2.51 2021-12-29 4 A 0 30000 0.0001 A 2022-12-29 2026-12-29 Common Stock 30000 45000 I See Footnote Shares to be held by The Siegel Group, Inc., which is controlled by Ned L. Siegel. 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 $2.51. The NQSOs vest 1/3 on December 29, 2022, 1/3 December 29, 2023 and 1/3 December 29, 2024. These NQSOs expire on December 29, 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/ Ned L. Siegel 2021-12-30