SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
BODEN GREGORY

(Last) (First) (Middle)
C/O AIADVERTISING, INC.
321 SIXTH STREET

(Street)
SAN ANTONIO TX 78215

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AiAdvertising, Inc. [ AIAD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
10/07/2021
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
STOCK OPTIONS(1) $0.0131 10/07/2021 A 10,000,000(2) (2) 10/07/2028 COMMON STOCK 10,000,000 $0 10,000,000 D
STOCK OPTIONS(1) $0.015 10/07/2021 A 5,000,000(3) (3) 10/07/2028 COMMON STOCK 5,000,000 $0 5,000,000 D
STOCK OPTIONS(1) $0.0019 10/07/2021 A 50,000,000(4) (4) 10/07/2028 COMMON STOCK 50,000,000 $0 50,000,000 D
STOCK OPTIONS(1) $0.0068 10/07/2021 A 50,000,000(5) (5) 10/07/2028 COMMON STOCK 50,000,000 $0 50,000,000 D
Explanation of Responses:
1. The reporting person resigned as chief financial officer and director of AiAdvertising, Inc. (the "Company") effective October 7, 2021. As a result, the reporting person is no longer subject to Section 16 in connection with his transactions in the equity securities of the Company and therefore will no longer report any such transactions on Form 4.
2. On February 3, 2015, the reporting person was granted an option to purchase 10,000,000 shares of common stock. The option was on a vesting schedule of 36 equal monthly installments beginning on March 3, 2015. Following the reporting person's resignation, the board of directors of the Company authorized the accelerated vesting of 100% of the reporting person's unvested options in the Company.
3. On August 25, 2015, the reporting person was granted an option to purchase 5,000,000 shares of common stock. The option was on a vesting schedule of 36 equal monthly installments beginning on September 25, 2015. Following the reporting person's resignation, the board of directors of the Company authorized the accelerated vesting of 100% of the reporting person's unvested options in the Company
4. On January 17, 2020, the reporting person was granted an option to purchase 50,000,000 shares of common stock. The option was on a vesting schedule of 36 equal monthly installments beginning on February 17, 2020. Following the reporting person's resignation, the board of directors of the Company authorized the accelerated vesting of 100% of the reporting person's unvested options in the Company.
5. On January 5, 2021, the reporting person was granted an option to purchase 50,000,000 shares of common stock. The option was on a vesting schedule of 36 equal monthly installments beginning on February 5, 2021. Following the reporting person's resignation, the board of directors of the Company authorized the accelerated vesting of 100% of the reporting person's unvested options in the Company
/s/ Greg Boden 10/14/2021
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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