HAAG ROBERT L 4
4 · THUMZUP MEDIA Corp · Filed May 29, 2025
Insider Transaction Report
Form 4
HAAG ROBERT L
Other
Transactions
- Exercise/Conversion
Series B Preferred Convertible Voting Stock
2025-05-29$4.00/sh−1,000$4,000→ 0 total(indirect: By LLC)Exercise: $4.00→ Common Stock (12,500 underlying) - Exercise/Conversion
Common Stock
2025-05-29$4.00/sh+12,500$50,000→ 312,476 total(indirect: By LLC)
Holdings
- 5,125
Common Stock
Footnotes (4)
- [F1]As stated in the Amended and Restated Certificate of Designation of Series B Preferred Convertible Voting Stock dated April 17, 2024 (the "Series B Preferred Certificate of Designation"), the Series B shares shall be automatically converted into common stock should the closing price for common stock exceed 100% of the conversion price of the Series B for 10 consecutive trading days. The conversion price is currently $4.00/share of common stock.
- [F2]On May 29, 2025, the automatic conversion provision of the Series B Preferred Certificate of Designation was triggered, resulting in 1,000 shares of Series B owned by Westside Strategic Partners, LLC ("Westside") converting into 12,500 shares of common stock.
- [F3]Mr. Haag is the Managing Member and sole owner of Westside. Robert Haag has voting control and investment discretion over securities held by Westside. As such, Robert Haag may be deemed to be the beneficial owner (as determined under Section 13(d) of the Exchange Act) of the securities held by Westside.
- [F4]Series B Preferred Convertible Voting Stock is exercisable upon issuance and has no expiration date.