4//SEC Filing
McElvany Christopher 4
Accession 0001062993-23-003709
CIK 0001865127other
Filed
Feb 14, 7:00 PM ET
Accepted
Feb 15, 9:28 PM ET
Size
10.5 KB
Accession
0001062993-23-003709
Insider Transaction Report
Form 4
McElvany Christopher
DirectorPresident and CEO
Transactions
- Other
Common Shares
2023-02-13$2.40/sh+118,403$284,167→ 118,403 total(indirect: By LLC) - Conversion
Common Shares
2023-02-13$2.40/sh+366,187$878,849→ 366,187 total(indirect: By LLC) - Conversion
8% Convertible Promissory Note
2023-02-13−500,000→ 0 total(indirect: By LLC)Exercise: $2.40From: 2021-02-25→ Common Shares (366,187 underlying)
Holdings
- 990,741
Common Shares
Footnotes (6)
- [F1]These common shares were issued Supercritical Labs, LLC ("Supercritical") pursuant to a debt settlement with the Issuer in satisfaction of approximately $284,167 due to Supercritical in consulting fees
- [F2]The securities are held by Supercritical Labs, LLC ("Supercritical"). The reporting person is the sole member of Supercritical. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F3]The common shares acquired in this transaction resulted from the conversion of a convertible note in the principal amount of $500,000, plus accrued and unpaid interest.
- [F4]The securities are held by Downwind Investments, LLC ("Downwind Investments"). The reporting person and his spouse are the sole members of Downwind Investments. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein
- [F5]Represents the principal amount of the convertible note and excludes accrued and unpaid interest.
- [F6]The outstanding principal amount and accrued and unpaid interest of the convertible note was converted into common shares upon the closing of the issuer's initial public offering.
Issuer
Lucy Scientific Discovery, Inc.
CIK 0001865127
Entity typeother
Related Parties
1- filerCIK 0001917269
Filing Metadata
- Form type
- 4
- Filed
- Feb 14, 7:00 PM ET
- Accepted
- Feb 15, 9:28 PM ET
- Size
- 10.5 KB