Andrews Christopher 5
5 · Kubient, Inc. · Filed Feb 16, 2021
Insider Transaction Report
Form 5
Kubient, Inc.KBNT
Andrews Christopher
Chief Digital Officer
Transactions
- Conversion
Common Stock
2020-08-14+128,522→ 130,745 total - Conversion
Common Stock Purchase Warrant
2020-08-14+128,522→ 128,522 totalExercise: $5.50From: 2020-08-14Exp: 2025-08-14→ Common Stock (128,522 underlying)
Footnotes (4)
- [F1]Represents the shares of common stock of Kubient, Inc. (the "Company") issued upon conversion of $480,124 of promissory notes that, upon the initial public offering of the Company, converted into 128,522 immediately-separable units composed of (i) one share of common stock, and (ii) one warrant to purchase one share of common stock at a price of $5.50 per share.
- [F2]Not previously reported on Form 4.
- [F3]Does not include 6,240 shares of common stock underlying stock options exercisable within 60 days. Also does not include 128,522 shares of common stock underlying five-year warrants issued on August 14, 2020, which are reported on Table II of this Form 5. Additionally, does not include 102,857 immediately-separable units composed of (i) one share of common stock, and (ii) one warrant to purchase one share of common stock at a price of $5.50 per share, underlying five-year warrants issued on November 6, 2019.
- [F4]Represents the warrants to purchase shares of common stock issued upon conversion of $480,124 of promissory notes that, upon the initial public offering of the Company, converted into 128,522 immediately-separable units composed of (i) one share of common stock, and (ii) one warrant to purchase one share of common stock at a price of $5.50 per share.