Kras James E. 4
4 · Edible Garden AG Inc · Filed May 11, 2022
Insider Transaction Report
Form 4
Kras James E.
DirectorPresident and CEO
Transactions
- Conversion
Common Stock, par value $0.0001 per share
2022-05-09$4.63/sh+6,015$27,819→ 1,386,015 total - Conversion
Convertible Note
2022-05-09Exercise: $4.63→ Common Stock, par value $0.0001 per share (6,015 underlying)
Holdings
- 400,000(indirect: By Spouse)
Common Stock, par value $0.0001 per share
Footnotes (1)
- [F1]Upon the closing of the Issuer's initial public offering, the Convertible Note automatically converted into shares of common stock by dividing the then-outstanding principal and interest due under the Convertible Note by $4.625. The Reporting Person held a Convertible Note for $25,200 that accrued interest at 12% per annum.