3//SEC Filing
DriveltAway LLC 3
Accession 0001731122-22-000791
CIK 0001394638other
Filed
Apr 28, 8:00 PM ET
Accepted
Apr 29, 3:58 PM ET
Size
27.4 KB
Accession
0001731122-22-000791
Insider Transaction Report
Form 3
DriveltAway LLC
10% Owner
Holdings
Series A Convertible Preferred Stock
→ Common Stock (1,909,671 underlying)- (indirect: By LLC)
Series A Convertible Preferred Stock
→ Common Stock (34,931,837 underlying)
Possumato John Francis
DirectorChief Executive Officer10% Owner
Holdings
- (indirect: By LLC)
Series A Convertible Preferred Stock
→ Common Stock (34,931,837 underlying) Series A Convertible Preferred Stock
→ Common Stock (1,909,671 underlying)
Footnotes (4)
- [F1]Each share of Series A Convertible Preferred Stock has no expiration date, and is convertible immediately into 33.94971 shares of common stock at the option of the holder, and mandatorily at the option of the company under certain circumstances. Each share of Series A Convertible Preferred Stock is entitled to receive dividends and vote on an "as converted" basis with the common stock.
- [F2]Based on 56,250 shares of Series A Convertible Preferred Stock owned by John Possumato.
- [F3]Based on 1,028,929 shares of Series A Convertible Preferred Stock owned by DriveItAway, LLC.
- [F4]John Possumato is the manager of DriveItAway, LLC, and voting control over shares owned by DriveItAway, LLC, and may be deemed to have indirect beneficial ownership of all or a portion of the securities owned directly by DriveItAway, LLC, but disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Issuer
Driveitaway Holdings, Inc.
CIK 0001394638
Entity typeother
IncorporatedNJ
Related Parties
1- filerCIK 0001919540
Filing Metadata
- Form type
- 3
- Filed
- Apr 28, 8:00 PM ET
- Accepted
- Apr 29, 3:58 PM ET
- Size
- 27.4 KB