Burdiek Michael J 4
4 · DocGo Inc. · Filed Dec 23, 2022
Insider Transaction Report
Form 4
DocGo Inc.DCGO
Burdiek Michael J
Director
Transactions
- Disposition to Issuer
Common Stock
2022-11-04−6,986→ 505,561 total - Exercise/Conversion
Warrants to purchase Common Stock
2022-09-16−434,437→ 0 totalExercise: $11.50From: 2021-12-05Exp: 2026-12-05→ Common Stock (97,010 underlying) - Award
Common Stock
2022-09-16+97,010→ 512,547 total
Footnotes (2)
- [F1]On August 15, 2022, pursuant to the Warrant Agreement, dated October 14, 2020 ("Warrant Agreement"), by and between Issuer and Continental Stock Transfer & Trust Company ("Continental"), Issuer issued a notice of mandatory redemption of all issued and outstanding warrants to acquire Common Stock. On September 16, 2022, immediately prior to the redemption of warrants, Mr. Burdiek exercised his 434,437 private warrants to acquire common stock on a cashless basis at a conversion ratio of 0.2233 shares of Common Stock per private warrant, as established pursuant to the terms of the Warrant Agreement.
- [F2]Pursuant to Section 3.2(c)(i) of the Stock Escrow Agreement, dated August 15, 2021, by and among Issuer, Motion Acquisition LLC, and Continental Stock Transfer & Trust Company (as assigned from time to time), on November 4, 2022, Mr. Burdiek forfeited 6,986 shares of Common Stock for no consideration.