4//SEC Filing
Minton Darren C. 4
Accession 0001213900-23-048304
CIK 0001851860other
Filed
Jun 11, 8:00 PM ET
Accepted
Jun 12, 7:57 PM ET
Size
6.2 KB
Accession
0001213900-23-048304
Insider Transaction Report
Form 4
Minton Darren C.
DirectorPresident
Transactions
- Purchase
Series B Preferred Stock
2023-05-26$223.00/sh+1,574$351,002→ 1,574 totalFrom: 2023-05-26→ Common Stock
Footnotes (3)
- [F1]Each share of Series B Preferred Stock is convertible at the option of the reporting person into such number of shares of Common Stock determined by dividing the stated value of $223.00 per share by the conversion price on such conversion date. The conversion price is initially equal to $2.23 per share, subject to standard adjustments for stock splits, stock combinations, stock dividends, reclassifications, mergers, consolidations, reorganizations and similar transactions (subject to certain beneficial ownership limitations).
- [F2]The reporting person received the shares of Series B Preferred Stock in exchange for the cancellation of deferred compensation owed to the reporting person in the amount of $350,826, or for approximately $223 per share.
- [F3]The Series B Preferred Stock has no expiration date.
Documents
Issuer
SMART FOR LIFE, INC.
CIK 0001851860
Entity typeother
Related Parties
1- filerCIK 0001907461
Filing Metadata
- Form type
- 4
- Filed
- Jun 11, 8:00 PM ET
- Accepted
- Jun 12, 7:57 PM ET
- Size
- 6.2 KB