4//SEC Filing
Clemenson Matthew 4
Accession 0001213900-21-063747
CIK 0001673481other
Filed
Dec 5, 7:00 PM ET
Accepted
Dec 6, 9:00 PM ET
Size
7.5 KB
Accession
0001213900-21-063747
Insider Transaction Report
Form 4
Lottery.com Inc.LTRY
Clemenson Matthew
DirectorChief Commercial Officer10% Owner
Transactions
- Exercise of In-Money
Common Stock
2021-12-02$2.00/sh−375,000$750,000→ 6,289,487 total - Exercise of In-Money
Purchase Right (obligation to sell)
2021-12-02−1→ 0 totalExercise: $2.00From: 2021-10-13→ Common Stock (375,000 underlying)
Footnotes (2)
- [F1]On October 13, 2021, in connection with a loan made to AutoLotto, Inc. ("AutoLotto") prior to the closing of the business combination between AutoLotto and the Issuer, the Reporting Person granted the lenders thereof with a right to purchase shares of the Issuer's common stock from the Reporting Person. Following the repayment of the loan in full at the closing of the business combination, the lenders exercised their right to purchase 375,000 shares of common stock from the Reporting Person.
- [F2]The right to purchase expired 10 days after the closing of the business combination.
Documents
Issuer
Lottery.com Inc.
CIK 0001673481
Entity typeother
Related Parties
1- filerCIK 0001889333
Filing Metadata
- Form type
- 4
- Filed
- Dec 5, 7:00 PM ET
- Accepted
- Dec 6, 9:00 PM ET
- Size
- 7.5 KB