Katase Hirofumi 4
4 · Ivanhoe Electric Inc. · Filed Oct 11, 2022
Insider Transaction Report
Form 4
Katase Hirofumi
Director
Transactions
- Conversion
I-Pulse Convertible Notes
2022-10-06−63,910→ 0 totalExercise: $4.69From: 2022-06-27Exp: 2023-07-31→ Common Stock (13,898 underlying) - Conversion
Common Stock
2022-10-06$4.69/sh+13,898$65,222→ 44,055 total
Holdings
- 9,663,770(indirect: By I-Pulse Inc.)
Common Stock
Footnotes (2)
- [F1]Upon the consummation of an initial public offering ("IPO") that resulted in gross proceeds of at least $25 million (a "Qualifying IPO"), which was consummated by the Issuer on June 27, 2022, the I-Pulse Convertible Notes, including any accrued but unpaid interest, became exchangeable, in whole or in part, at the option of the holder, into shares of common stock currently held by I-Pulse at a price per share equal to the lesser of (A) 80% of the gross price per share at which common stock is sold in the Qualifying IPO, and (B) $4.6929 per share of common stock (as adjusted for the reverse stock split).
- [F2]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 or for any other purpose.