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4//SEC Filing

TOGHRAIE JEFF 4

Accession 0001520138-24-000356

CIK 0001718500other
View on SEC.govCompany Profile

Filed

Oct 14, 8:00 PM ET

Accepted

Oct 15, 4:15 PM ET

Size

11.5 KB

Accession

0001520138-24-000356

Insider Transaction Report

Form 4
Period: 2024-10-14
Axil Brands, Inc.AXIL
Intrepid Global Advisors, Inc.
10% Owner
Transactions
  • Award

    Stock Option (right to buy)

    2024-10-14+350,000→ 350,000 total
    Exercise: $4.01Exp: 2034-10-14→ Common Stock (350,000 underlying)
Holdings

  • Common Stock

    (indirect: By Intrepid Global Advisors)
    1,246,700

  • Series A Preferred Stock

    (indirect: By Intrepid Global Advisors)
    → Common Stock (772,838 underlying)
    15,456,750

  • Stock Option (right to buy)

    Exercise: $1.80Exp: 2032-04-20→ Common Stock (155,000 underlying)
    155,000
TOGHRAIE JEFF
DirectorChairman, CEO
Transactions
  • Award

    Stock Option (right to buy)

    2024-10-14+350,000→ 350,000 total
    Exercise: $4.01Exp: 2034-10-14→ Common Stock (350,000 underlying)
Holdings

  • Series A Preferred Stock

    (indirect: By Intrepid Global Advisors)
    → Common Stock (772,838 underlying)
    15,456,750

  • Stock Option (right to buy)

    Exercise: $1.80Exp: 2032-04-20→ Common Stock (155,000 underlying)
    155,000

  • Common Stock

    (indirect: By Intrepid Global Advisors)
    1,246,700
Footnotes (4)
  • [F1]Jeff Toghraie is the managing director of Intrepid Global Advisors, Inc.
  • [F2]Options vest in 48 equal monthly installments, beginning on October 14, 2024, the date of grant, subject to continued employment through the vesting date.
  • [F3]The Series A Preferred Stock, par value $0.0001 per share (the "Preferred Stock"), is convertible into shares of the Issuer's common stock on a twenty-for-one basis, at the option of the holder, at any time; provided, that the holder may not convert that number of shares of Preferred Stock which would cause the holder to become the beneficial owner of more than 5% of the Issuer's common stock, as determined in accordance with Sections 13(d) and (g) of the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder. The Preferred Stock has no expiration date.
  • [F4]Fully exercisable.

Documents

1 file

Issuer

Axil Brands, Inc.

CIK 0001718500

→
Entity typeother

Related Parties

1
  • filerCIK 0001063732

Filing Metadata

Form type
4
Filed
Oct 14, 8:00 PM ET
Accepted
Oct 15, 4:15 PM ET
Size
11.5 KB
View on SEC.gov