4//SEC Filing
Nelson Daniel D 4
Accession 0001213900-23-088396
CIK 0001898474other
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 5:39 PM ET
Size
10.0 KB
Accession
0001213900-23-088396
Insider Transaction Report
Form 4
Nelson Daniel D
DirectorCEO and Chairman
Transactions
- Conversion
6% Convertible Unsecured Promissory Note
2023-11-16→ 0 total(indirect: By Trust)Exercise: $2.50Exp: 2024-10-15→ Common Stock (660,000 underlying) - Purchase
Common Stock
2023-11-16$5.00/sh+20,000$100,000→ 20,000 total(indirect: By Trust) - Conversion
Common Stock
2023-11-16$2.50/sh+660,000$1,650,000→ 689,851 total(indirect: By Trust)
Footnotes (3)
- [F1]These shares were issued pursuant to the automatic conversion of a 6% Convertible Unsecured Promissory Note (the "Note") upon the consummation of the initial public offering ("IPO") and the listing of the common stock of the issuer on November 16, 2023. All accrued interest on the principal subject to such conversion was waived in accordance with the terms of the Note. Pursuant to a settlement notice, the number of shares of common stock issued upon conversion of the Note was the amount that would be applicable as if the principal under the Note had been increased to 110% of the outstanding principal.
- [F2]The reporting person is a co-trustee of Nelson Revocable Living Trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F3]These shares were purchased by Nelson Revocable Living Trust from the underwriters in the IPO. See footnote 2 for the reporting person's relationship to Nelson Revocable Living Trust.
Documents
Issuer
Signing Day Sports, Inc.
CIK 0001898474
Entity typeother
Related Parties
1- filerCIK 0001972305
Filing Metadata
- Form type
- 4
- Filed
- Nov 16, 7:00 PM ET
- Accepted
- Nov 17, 5:39 PM ET
- Size
- 10.0 KB