Chariton Lawrence 4
4 · SURGE COMPONENTS INC · Filed Apr 11, 2025
Insider Transaction Report
Form 4
Chariton Lawrence
Director
Transactions
- Tax Payment
Stock Option
2025-04-09−15,000→ 0 totalExercise: $1.41From: 2015-04-09Exp: 2025-04-09→ Common Stock (15,000 underlying) - Exercise/Conversion
Common Stock
2025-04-09$1.41/sh+15,000$21,150→ 172,573 total - Tax Payment
Common Stock
2025-04-09$2.00/sh−8,724$17,448→ 163,849 total
Footnotes (1)
- [F1]Reflects the cashless exercise of a stock option to purchase 15,000 shares of common stock previously granted to the reporting person pursuant to Rule 16b-3. The reporting person paid the exercise price on a cashless basis, resulting in the issuer withholding 8,724 shares of common stock for payment of the exercise price, based on the closing price of the issuer's common stock on April 7, 2025 of $2.00, and issuing to the reporting person the remaining 6,276 shares of common stock.