D'Ambrosio Trent 4
4 · INCEPTION MINING INC. · Filed Mar 1, 2023
Insider Transaction Report
Form 4
D'Ambrosio Trent
DirectorCEO/CFO10% Owner
Transactions
- Conversion
Promissory Note
2023-02-23$0.04/sh+485,402,857$16,989,100→ 489,458,958 totalExercise: $0.04From: 2023-02-23Exp: 2023-02-23→ Common shares (485,402,857 underlying) - Conversion
Promissory Note
2023-02-23$0.04/sh+23,200,857$812,030→ 512,659,815 total(indirect: By Spouse)Exercise: $0.04From: 2023-02-23Exp: 2023-02-23→ Common shares (23,200,857 underlying)
Footnotes (2)
- [F1]Trent D'Ambrosio was owed $1,698,910 by the Company in debt that was not convertible on its face. He elected to convert the debt into shares of common stock at the rate of $0.0035. This conversion was approved by the Board of Directors.
- [F2]Trent D'Ambrosio's spouse, Debra D'Ambrosio, was owed $81,203 by the Company in debt that was not convertible on its face. He elected to convert the debt into shares of common stock at the rate of $0.0035. This conversion was approved by the Board of Directors.