Frye James E. Jr. 4
4 · SMG Industries Inc. · Filed Aug 2, 2023
Insider Transaction Report
Form 4
Frye James E. Jr.
Director10% Owner
Transactions
- Conversion
Common Stock, par value $.001
2023-07-07$0.10/sh+8,940,900$894,090→ 11,124,244 total - Award
Common Stock, par value $.001
2023-07-07$0.25/sh+11,772,112$2,943,028→ 22,896,356 total - Conversion
Convertible Notes
2023-07-07→ 0 totalExercise: $0.10→ Common Stock (8,940,900 underlying)
Footnotes (3)
- [F1]Represents shares of common stock issued in exchange for the forgiveness of $2,943,026 in aggregate principal and interest due on unconvertible promissory notes issued by SMG Industries, Inc.
- [F2]Consists of various convertible notes that were exercisable between 9/3/2020 and 10/30/2023, or until such notes were paid in full.
- [F3]Includes shares of common stock issued upon the conversion of $23,378 in accrued, unpaid interest.