Company: WKSP
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000850
Chunk: 633

Company: Worksport Ltd
Filing Date: 2025-03-27
Form: 10-K
Item: Item 9C
Chunk 633
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 entitling him to 51% of the voting power of the corporation. Mr. Rossi also has option grants amounting
to 350,000 of issuable stock upon the completion of milestones; 70,000 of these stock options have vested while the remaining 280,000
stock options are deemed unlikely to vest in the near future. Steven Rossi additionally holds 252,588 shares with our transfer agent
- 3,333 of which he purchased on November 19, 2024.

(4)
Includes (i) 1,500 shares of restricted shares of common stock granted on September 6, 2021 and that vested on September 6, 2021, (ii)
1,500 shares of common stock issuable upon the exercise of vested options at a price of $55.00 per share until July 23, 2026, (iii) 375
shares of common stock issuable upon the exercise of vested options at a price of $36.10 per share until July 21, 2028, (iv) 3,000 shares
of common stock issuable upon the exercise of vested options at a price of $25.10 per share until December 29, 2026, (v) 6,000 shares
of common stock issuable upon the exercise of vested options at a price of $16.60 per share until January 30, 2033, and (vi) 938 shares
of common stock issuable upon the exercise of vested options at a price of $7.042 per share until 7/23/2034. All of these stock options
have been subsequently repriced to $7.042 per share.

(5)
Includes (i) 1,500 shares of restricted shares of common stock granted on September 6, 2021 and that vested on September 6, 2021, (ii)
1,500 shares of common stock issuable upon the exercise of vested options at a price of $55.00 per share until August 6, 2026, (iii)
375 shares of common stock issuable upon the exercise of vested options at a price of $36.10 per share until July 21, 2028, (iv) 3,000
shares of common stock issuable upon the exercise of vested options at a price of $25.10 per share until December 29, 2026, (v) 6,000
shares of common