Altbach Ronald S. 4
4 · SMART FOR LIFE, INC. · Filed Jun 13, 2022
Insider Transaction Report
Form 4
Altbach Ronald S.
Director
Transactions
- Exercise/Conversion
Common Stock
2022-06-09$0.01/sh+200,000$2,000→ 250,000 total - Sale
Common Stock
2022-06-09$0.44/sh−888$394→ 249,112 total - Exercise/Conversion
Stock Option (right to buy)
2022-06-09−200,000→ 0 totalExercise: $0.01From: 2021-04-13Exp: 2031-04-13→ Common Stock (200,000 underlying)
Holdings
- 1,000,000(indirect: By LLC)
Common Stock
Footnotes (2)
- [F1]On June 9, 2022, the Reporting Person exercised a stock option to purchase 200,000 shares of common stock of the Issuer for $0.01 per share. The Reporting Person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 888 of the option shares to pay the exercise price and issuing to the Reporting Person the remaining 199,112 shares.
- [F2]The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein and the inclusion of these securities 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.