LUBMAN STEVEN J 4
4 · SURGE COMPONENTS INC · Filed Apr 14, 2025
Insider Transaction Report
Form 4
LUBMAN STEVEN J
DirectorVP, Secretary, Director
Transactions
- Exercise/Conversion
Common Stock
2025-04-10$1.41/sh+50,000$70,500→ 1,070,952 total - Tax Payment
Stock Option
2025-04-10−50,000→ 0 totalExercise: $1.41From: 2015-04-10Exp: 2025-04-10→ Common Stock (50,000 underlying) - Tax Payment
Common Stock
2025-04-10$2.20/sh−21,986$48,369→ 1,048,966 total
Footnotes (1)
- [F1]Reflects the cashless exercise of a stock option to purchase 50,000 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 21,986 shares of common stock for payment of the exercise price, based on the closing price of the issuer's common stock on April 10, 2025 of $2.20, and issuing to the reporting person the remaining 28,014 shares of common stock.