WILSON KENT 4
4 · Alpine 4 Technologies Ltd. · Filed Jan 8, 2020
Insider Transaction Report
Form 4
WILSON KENT
DirectorCEO, CFO, SECRETARY
Transactions
- Gift
Class B Common Stock
2019-12-31−125,000→ 1,925,000 totalExercise: $0.00→ Class A Common Stock (125,000 underlying) - Purchase
Class B Common Stock
2020-01-07$0.15/sh+1,360,449$204,067→ 3,285,449 totalExercise: $0.00→ Class A Common Stock (1,360,449 underlying)
Footnotes (3)
- [F1]Charitable Gift to Restoration Ministries dba Cross Roads Youth Intervention.
- [F2]The Issuer's Class B Common Stock is convertible into the Issuer's Class A Common Stock at any time at the option of the reporting person. There is no expiration of the conversion right. Each one share of Class B Common Stock is convertible into one share of Class A Common Stock. There is no exercise or conversion price payable.
- [F3]The Issuer and the Reporting Person agreed to convert outstanding salary owed to the Reporting Person in the amount of $204,067.89 into shares of the Issuer's Class B common stock. The conversion price was $0.15 per share, which was the closing bid price of the Issuer's Class A common stock on the OTC QB Market on January 7, 2020, the date of the agreement to convert. The Class B common stock is convertible into the Class A common stock on a share-for-share basis.