Gabriel 613 Trust 5
5 · Charge Enterprises, Inc. · Filed Jan 26, 2024
Insider Transaction Report
Form 5
Gabriel 613 Trust
10% Owner
Transactions
- Conversion
Common Stock, par value $.0001 per share
2021-10-28+15,377,448→ 35,593,906 total - Sale
Common Stock, par value $.0001 per share
2021-12-17$0.22/sh−4,500,000$999,900→ 31,093,906 total - Gift
Series A Preferred Stock
2021-10-22+500,000→ 500,000 total→ Common Stock (15,377,448 underlying) - Conversion
Series A Preferred Stock
2021-10-28−500,000→ 0 total→ Common Stock (15,377,448 underlying)
Footnotes (4)
- [F1]Represents Common Stock received on October 28, 2021 in connection with the conversion of all of the Issuer's outstanding shares of Series A Preferred Stock into Common Stock.
- [F2]On December 17, 2021, the Reporting Person sold 4,500,000 shares of Common Stock to Arena Investors, LP and certain of its affiliates ("Arena") in a private sale for aggregate consideration of $1,000,000 plus an option to acquire certain assets of Arena.
- [F3]The Series A Preferred Stock were immediately exercisable upon their issuance and at the sole option of the holders. On October 28, 2021, all of the outstanding shares of the Issuer's Series A Preferred Stock were converted into shares of Common Stock.
- [F4]Shares of Series A Preferred Stock received as a bona fide gift from KORR Acquisitions Group, Inc.