BORDES PETER A JR 5
5 · Kubient, Inc. · Filed Feb 16, 2021
Insider Transaction Report
Form 5
Kubient, Inc.KBNT
BORDES PETER A JR
DirectorChief Executive Officer
Transactions
- Conversion
Common Stock Purchase Warrant
2020-08-14+218,780→ 218,780 totalExercise: $5.50From: 2020-08-14Exp: 2025-08-14→ Common Stock (218,780 underlying) - Award
Common Stock
2020-11-20+15,000→ 253,522 total - Conversion
Common Stock
2020-08-14+218,780→ 238,522 total
Footnotes (5)
- [F1]Represents the shares of common stock of Kubient, Inc. (the "Company") issued upon conversion of $859,434 of promissory notes that, upon the initial public offering of the Company, converted into 218,780 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. Includes 62,470 such units held by Trajectory Capital LLC, over which the reporting person has voting and dispositive power.
- [F2]Not previously reported on Form 4.
- [F3]Includes 62,470 shares of common stock held by Trajectory Capital LLC, over which the reporting person has voting and dispositive power. Does not include 218,780 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 147,429 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 $859,434 of promissory notes that, upon the initial public offering of the Company, converted into 218,780 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.
- [F5]Includes 62,470 warrants to purchase one share of common stock held by Trajectory Capital LLC, over which the reporting person has voting and dispositive power.