Sec Form 4 Filing - Malone Michael @ SRAX, Inc. - 2022-01-06

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Malone Michael 2. Issuer Name and Ticker or Trading Symbol SRAX, Inc. [ SRAX] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Financial Officer (Last) (First) (Middle) 2629 TOWNSGATE ROAD #215 3. Date of Earliest Transaction (MM/DD/YY) 01/06/2022 (Street) WESTLAKE VILLAGE, CA91361 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 Class A Common Stock( 1 ) 12/31/2021 M 100,000 A $ 2.56 101,292 D Class A Common Stock( 2 ) 12/31/2021 F 57,016 D $ 4.49 44,276( 4 ) D Class A Common Stock( 3 ) 12/31/2021 F 16,732 D $ 4.49 27,544( 4 ) D Series A Non-Voting Preferred Stock( 5 ) 09/27/2021 J 1,292 A $ 0 1,292 D

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 of Derivative Security: 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 Class A Common Stock Purchase Option( 6 ) $ 4.25 01/06/2022 A 100,000 01/06/2022 01/06/2029 Class A Common Stock 100,000 $ 0 100,000 D Class A Common Stock Purchase Option( 7 ) $ 2.56 12/15/2018 M 100,000 12/15/2018 01/02/2022 Class A common Stock 100,000 $ 0 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Malone Michael 2629 TOWNSGATE ROAD #215 WESTLAKE VILLAGE, CA91361 Chief Financial Officer Signatures /s/ Michael Malone 02/04/2022 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Represents exercise of option granted on December 15, 2018 ("2018 Option"). The 2018 Option was exercised on a cashless basis with shares withheld by the Issuer for tax withholding. ( 2 )Represents shares withheld pursuant to cashless exercise of the 2018 Option. ( 3 )Represents shares withheld for tax withholding pursuant to exercise of 2018 Option. ( 4 )Includes 1,292 shares of Class A Common Stock owned by Reporting Person prior to the exercise of the 2018 Option. ( 5 )Represents securities acquired as a result of a dividend on the Class A Common Stock issued on September 27, 2021. ( 6 )Represents discretionary stock option bonus grant received by Reporting Person. The options vest quarterly in equal quarterly installments over a three year period beginning on 1/6/2022. ( 7 )Represents exercise of the 2018 Option.

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).

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