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