Harper-Denson Craig 4
4 · Charge Enterprises, Inc. · Filed Nov 17, 2022
Insider Transaction Report
Form 4
Harper-Denson Craig
DirectorCOO, CCO, Secretary
Transactions
- Exercise/Conversion
Options, right to buy
2022-11-16−700→ 9,629,841 total(indirect: By Spouse)Exercise: $0.55Exp: 2030-11-01→ Common Stock (700 underlying) - Gift
Common Stock, par value $0.0001
2022-11-15+7,500→ 7,500 total - Sale
Common Stock, par value $0.0001
2022-11-15$2.76/sh−7,500$20,700→ 0 total - Gift
Common Stock, par value $0.0001
2022-11-16−700→ 700 total(indirect: By Spouse) - Sale
Common Stock, par value $0.0001
2022-11-16$2.61/sh−700$1,827→ 0 total - Exercise/Conversion
Common Stock, par value $0.0001
2022-11-15$0.55/sh+7,500$4,125→ 7,500 total(indirect: By Spouse) - Gift
Common Stock, par value $0.0001
2022-11-15−7,500→ 7,500 total(indirect: By Spouse) - Exercise/Conversion
Common Stock, par value $0.0001
2022-11-16$0.55/sh+700$385→ 700 total(indirect: By Spouse) - Gift
Common Stock, par value $0.0001
2022-11-16+700→ 700 total - Exercise/Conversion
Options, right to buy
2022-11-15−7,500→ 9,630,541 total(indirect: By Spouse)Exercise: $0.55Exp: 2030-11-01→ Common Stock (7,500 underlying)
Footnotes (3)
- [F1]The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.70 to $2.90, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the foregoing range. The shares issued upon exercise of the option were gifted to the Reporting Person by Reporting Person's spouse and Reporting Person, as direct owner, disposed of the shares. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 1, 2022, modified on August 29, 2022.
- [F2]The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.51 to $2.67, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the foregoing range. The shares issued upon exercise of the option were gifted to the Reporting Person by Reporting Person's spouse and Reporting Person, as direct owner, disposed of the shares. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 1, 2022, modified on August 29, 2022.
- [F3]On November 1, 2020, the Reporting Person's spouse was issued a ten-year option to purchase 10,500,000 shares of common stock. The vesting schedule for the remaining shares issuable upon exercise is: (i) 4,379,841 shares, which vested on November 1, 2021; (ii) 2,625,000 shares which vested on November 1, 2022; and (iii) 2,625,000 shares will vest on November 1, 2023.