EDWARDS SCOTT W. 4/A
4/A · Alpine 4 Technologies Ltd. · Filed Sep 16, 2019
Insider Transaction Report
Form 4/AAmended
EDWARDS SCOTT W.
Director
Transactions
- Award
Class C Common Stock * see note 1
2019-09-06+200,000→ 225,200 total→ Class A Common Stock (225,200 underlying)
Footnotes (2)
- [F1]On September 3, 2019, the Issuer paid a stock dividend, payable to all holders of record of the Issuer's Class A Common stock on July 12, 2019, consisting of one share of the Issuer's Class C Common Stock for each 10 shares of Class A Common stock owned as of the record date. As a result, the reporting person received 84,738 shares of the Issuer's Class C Common Stock on September 3, 2019.
- [F2]The Issuer's Class C Common Stock is convertible into the Issuer's Class A Common Stock as follows: between the date of issuance and the third anniversary of the date of issuance, the Class C Common Stock is not convertible; on each of the next 4 anniversaries of the issuance date, the reporting person may convert up to 25%, 50%, 75%, and 100% of the shares of Class C Common Stock, respectively. There is no expiration of the conversion right. Each one share of Class C Common Stock is convertible into one share of Class A Common Stock on the schedule set forth above. There is no exercise or conversion price payable.