HSCP Strategic III L.P. 4
4 · Mobile Infrastructure Corp · Filed Jan 2, 2024
Insider Transaction Report
Form 4
HSCP Strategic III L.P.
10% OwnerOther
Transactions
- Conversion
Series 2 Convertible Preferred Stock
2023-12-31−22,000→ 0 totalExercise: $3.67From: 2023-12-31→ Common Stock (5,994,550 underlying) - Conversion
Common Stock
2023-12-31$3.67/sh+5,994,550$21,999,999→ 5,994,550 total
Holdings
- 3,937,246(indirect: By LLC)
Common Stock
Footnotes (3)
- [F1]Shares of Series 2 Convertible Preferred Stock ("Series 2 Preferred Stock") do not have an expiration date.
- [F2]Includes 544,959 shares of the Issuer's common stock issuable upon conversion of 2,000 shares of Series 2 Preferred Stock issued as payment-in-kind dividends on December 31, 2023 (the "Dividends"). As holders of Series 2 Preferred Stock had no choice to receive the Dividends in cash rather than in shares of Series 2 Preferred Stock, the receipt of shares of Series 2 Preferred Stock issued as the Dividends (and immediately thereafter converted into the Issuer's common stock) has not separately been reported in reliance on Rule 16a-9(a) of the Securities Exchange Act of 1934, as amended.
- [F3]These securities are owned by Color Up, LLC ("Color Up"). The Reporting Person is a member of Color Up and may be deemed to be a beneficial owner of such securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.