Section 17(b) disclosure
Kevin O’Leary is a paid spokesperson for StartEngine. Kevin is paid $400,000 per year for the first three years, then $420,000 in year four, $450,000.00 in year five, and $480,000 in year 6. Kevin has also received compensation in the form of 322,506 options at a $7.50 strike price and 343,282 options at a $40.50 strike price. On July 7, 2021, StartEngine Crowdfunding, Inc. conducted a 3:1 forward stock split. As a result of the split, Kevin’s compensation in the form of options has been adjusted to 967,518, and 1,029,856 options respectively.
Last updated September 15, 2022