Fengate Trident LP 4/A
4/A · Trident Brands Inc · Filed Dec 18, 2020
Insider Transaction Report
Form 4/AAmended
Fengate Trident LP
10% Owner
Transactions
- Expiration (Short)
Convertible Promissory Note due December 31, 2020
2020-11-30−43,199,665→ 0 totalExercise: $0.04From: 2018-05-16Exp: 2020-12-31→ Common Stock - Expiration (Short)
Convertible Promissory Note due December 31, 2020
2020-11-30−130,947,002→ 0 totalExercise: $0.04From: 2016-09-27Exp: 2020-12-31→ Common Stock - Expiration (Short)
Convertible Promissory Note due December 31, 2020
2020-11-30−61,795,332→ 0 totalExercise: $0.04From: 2016-09-27Exp: 2020-12-31→ Common Stock - Expiration (Short)
Convertible Promissory Note due December 31, 2020
2020-11-30−16,967,876→ 0 totalExercise: $0.04From: 2016-09-27Exp: 2020-12-31→ Common Stock - Expiration (Short)
Convertible Promissory Note due December 31, 2020
2020-11-30−135,308,989→ 0 totalExercise: $0.04From: 2017-05-09Exp: 2020-12-31→ Common Stock
Footnotes (2)
- [F1]The transaction involved the agreement to exchange the convertible notes for preferred shares of Trident Brand Inc. (the "Issuer") in full satisfaction of the convertible notes, including all accrued interest. The agreement is subject to the satisfaction of certain conditions. If such conditions are not satisfied by June 30, 2021, Fengate Trident LP may convert such notes into shares of common stock of the Issuer upon 75 days' prior written notice to the Issuer.
- [F2]Fengate Trident LP is a private investment limited partnership that may be deemed the direct beneficial owner of the securities referred to herein. Fengate Capital Management Ltd. is the investment manager to and Fengate Trident GP, Inc. is the general partner of Fengate Trident LP. Each of the Reporting Persons disclaims beneficial ownership of the securities referred to herein except to the extent of their pecuniary interest therein.