Gottschalk Jane 4
4 · Perfect Moment Ltd. · Filed Feb 14, 2024
Insider Transaction Report
Form 4
Gottschalk Jane
DirectorPresident10% Owner
Transactions
- Conversion
Common Stock
2024-02-12+2,624,341→ 3,650,957 total(indirect: By Spouse) - Conversion
Common Stock
2024-02-12+19,646→ 3,670,603 total(indirect: By Spouse) - Conversion
Common Stock
2024-02-12+51,513→ 3,722,116 total(indirect: By Spouse) - Purchase
Common Stock
2024-02-12$6.00/sh+16,600$99,600→ 3,738,716 total - Purchase
Common Stock
2024-02-12$6.00/sh+16,600$99,600→ 3,755,316 total(indirect: By Spouse) - Conversion
Series A Convertible Preferred Stock
2024-02-12−2,624,341→ 0 total(indirect: By Spouse)→ Common Stock (2,624,341 underlying) - Conversion
Series A Convertible Preferred Stock
2024-02-12−19,646→ 0 total(indirect: By Spouse)→ Common Stock (19,646 underlying) - Conversion
8% Senior Subordinated Secured Convertible Promissory Note
2024-02-12→ 0 total(indirect: By Spouse)Exercise: $4.80→ Common Stock (51,513 underlying)
Footnotes (3)
- [F1]The Series A Convertible Preferred Stock automatically converted into Perfect Moment Ltd. common stock (the "Common Stock") on a 1-for-1 basis upon the closing of Perfect Moment Ltd.'s initial public offering ("IPO") on February 12, 2024.
- [F2]The 8% Senior Subordinated Secured Convertible Promissory Note (the "Note") automatically converted into Common Stock upon the closing of the IPO into a number of shares of Common Stock equal to the quotient obtained by dividing (i) the principal amount, plus accrued and unpaid interest, owing under such Note through February 12, 2024 ($247,264.16) by (ii) $4.80 (80% of the IPO price per share of Common Stock).
- [F3]Represents shares of Common Stock purchased in the IPO.