Roberts Ellery 4

4 · 1847 Holdings LLC · Filed Jun 8, 2023

Form 4

Period: 2023-05-17

DirectorChairman and CEO

Transactions

Sale
Common Shares
2023-05-17−2,726→ 380,913 total
Sale
Common Shares
2023-05-17−1,515→ 383,565 total
Exercise of In-Money
Warrant to Purchase Common Shares
2023-05-17−7,084→ 0 total
From: 2022-04-20Exp: 2025-04-20→ Common Shares (7,084 underlying)
Exercise of In-Money
Common Shares
2023-05-17+4,167→ 385,080 total
Exercise of In-Money
Warrant to Purchase Common Shares
2023-05-17−917→ 0 total
From: 2022-02-24Exp: 2025-02-24→ Common Shares (917 underlying)
Exercise of In-Money
Common Shares
2023-05-17+917→ 376,917 total
Sale
Common Shares
2023-05-17−362→ 376,555 total
Exercise of In-Money
Common Shares
2023-05-17+7,084→ 383,639 total
Sale
Common Shares
2023-05-17−868→ 385,089 total
Exercise of In-Money
Common Shares
2023-05-17+2,392→ 385,957 total
Exercise of In-Money
Warrant to Purchase Common Shares
2023-05-17−4,167→ 0 total
From: 2022-05-12Exp: 2025-05-12→ Common Shares (4,167 underlying)
Exercise of In-Money
Warrant to Purchase Common Shares
2023-05-17−2,392→ 0 total
From: 2022-05-19Exp: 2025-05-19→ Common Shares (2,392 underlying)

Footnotes (5)

[F1]On May 17, 2023, the warrants held by the reporting person were exercised on a cashless basis in accordance with a "forced exercise" provision, pursuant to which the warrants were exercised on a cashless basis for a number of common shares equal to the quotient of (i) eighty percent (80%) of the Black Scholes Value of the warrants divided by (ii) the exercise price of the warrants of $0.5948.
[F2]In accordance with the cashless exercise, 362 of the warrant shares were withheld to pay the exercise price and the reporting person was issued the remaining 555 shares.
[F3]In accordance with the cashless exercise, 2,726 of the warrant shares were withheld to pay the exercise price and the reporting person was issued the remaining 4,358 shares.
[F4]In accordance with the cashless exercise, 1,515 of the warrant shares were withheld to pay the exercise price and the reporting person was issued the remaining 2,652 shares.
[F5]In accordance with the cashless exercise, 868 of the warrant shares were withheld to pay the exercise price and the reporting person was issued the remaining 1,524 shares.

Documents

1 file