JOHNSON JOHN MICHAEL 4
4 · NEXT-ChemX Corporation. · Filed Jun 21, 2024
Insider Transaction Report
Form 4
JOHNSON JOHN MICHAEL
DirectorPRESIDENT, CFO
Transactions
- Exercise/Conversion
COMMON STOCK
2022-06-17$1.00/sh+41,256$41,256→ 41,256 total - Award
PREFERRED STOCK SERIES A
2024-05-29+10,000→ 10,000 total - Other
COMMON STOCK
2021-04-27+1,311,445→ 1,311,445 total(indirect: see note) - Exercise/Conversion
COMMON STOCK
2022-11-12$1.00/sh+16,217$16,217→ 57,473 total
Footnotes (2)
- [F1]The indirect beneficial ownership (founder shares) reflects an ownership interest of 5.5% of the share capital of a Texas corporation that is the controlling shareholder of NEXT-ChemX Corporation ("CHMX"), Nevada, the reporting issuer. The Texas controlling shareholder owns a total of 23,844,448 shares in the reporting issuer. The reporting person is also an Officer and Director of the Texas registered controlling shareholder.
- [F2]Each share of the Series A Preferred Stock is entitled to Five Hundred (500) votes on any matter on which any of the shareholders are required or permitted to vote. Each Series A Preferred Share (par value $0.001) shall be convertible at any time from and after issuance into Two Hundred Fifty (250) shares of the Corporation's Common Stock (par value $0.001). In the event that any shares of the Series A Preferred Stock are not converted into the Corporation's Common Stock on or before 5:00 P.M., Las Vegas, Nevada time January 1, 2026 then each such outstanding shares of the Series A Preferred Stock shall be automatically converted into Two Hundred Fifty (250) shares of the Corporation's Common Stock (par value $0.001).