Lewnowski Oskar 4
4 · Ivanhoe Electric Inc. · Filed Jul 1, 2022
Insider Transaction Report
Form 4
Lewnowski Oskar
Director
Transactions
- Conversion
Series 2 Convertible Notes
2022-06-30→ 0 total(indirect: By Orion Mine Finance Fund III LP)Exercise: $10.58Exp: 2023-07-31→ Common Stock (590,441 underlying) - Conversion
Common Stock
2022-06-30+590,441→ 5,613,106 total(indirect: By Orion Mine Finance Fund III LP) - Conversion
Common Stock
2022-06-30+1,084,247→ 5,022,665 total(indirect: By Orion Mine Finance Fund III LP) - Conversion
Series 1 Convertible Notes
2022-06-30→ 0 total(indirect: By Orion Mine Finance Fund III LP)Exercise: $9.39Exp: 2023-07-31→ Common Stock (1,084,247 underlying)
Footnotes (3)
- [F1]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F2]Upon the consummation of an initial public offering that resulted in gross proceeds of at least $25 million (a "Qualifying IPO"), the Series 1 Convertible Notes, including any accrued but unpaid interest thereon, automatically converted into shares of common stock at a price per share equal to the lesser of (A) 80% of the gross price per share at which common stock is sold in the Qualifying IPO, and (B) $9.39 per share of common stock, subject in each case to adjustment for any stock split, stock dividend, reverse stock split, or similar transactions.
- [F3]Upon the consummation of a Qualifying IPO, the Series 2 Convertible Notes, including any accrued but unpaid interest thereon, automatically converted into shares of common stock at a price per share equal to 90% of the gross price per share at which common stock was sold in the offering.