CP BF Lending, LLC 4
4 · Banzai International, Inc. · Filed Oct 21, 2024
Insider Transaction Report
Form 4
CP BF Lending, LLC
10% Owner
Transactions
- Exercise of In-Money
Class A Common Stock
2024-10-17$0.00/sh+304,704$30→ 572,953 total - Sale
Class A Common Stock
2024-10-17$4.32/sh−458,249$1,979,636→ 114,704 total - Sale
Class A Common Stock
2024-10-17$3.43/sh−114,700$393,421→ 4 total - Conversion
Class A Common Stock
2024-10-18$3.89/sh+37,300$145,097→ 37,304 total - Sale
Class A Common Stock
2024-10-18$3.43/sh−37,300$127,939→ 4 total - Conversion
Convertible Note
2024-10-18−37,300→ 2,241,971 totalExercise: $3.89From: 2024-10-10Exp: 2027-02-19→ Class A Common Stock (37,300 underlying) - Sale
Class A Common Stock
2024-10-17$4.70/sh−25,500$119,850→ 305,349 total - Exercise of In-Money
Common Stock Warrants (right to buy)
2024-10-17−304,704→ 0 totalExercise: $0.00From: 2024-10-10→ Class A Common Stock (304,704 underlying) - Sale
Class A Common Stock
2024-10-17$3.73/sh−37,100$138,383→ 268,249 total
Footnotes (3)
- [F1]Brad Shain may be deemed to have beneficial ownership of the shares held directly by CP BF Lending, LLC. Mr. Shain disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
- [F2]No expiration date.
- [F3]The maturity date of the convertible note will be February 19, 2027 or, if earlier, the date on which the consolidated convertible loan becomes due and payable pursuant to the terms of the convertible note or any other loan document.