4//SEC Filing
Beck Milton Joseph 4
Accession 0000905148-24-000401
CIK 0001826011other
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 9:17 PM ET
Size
11.2 KB
Accession
0000905148-24-000401
Insider Transaction Report
Form 4
Beck Milton Joseph
Director10% Owner
Transactions
- Award
Promissory Notes
2024-01-30Exercise: $2.86From: 2024-01-30→ Class A Common Stock (890,611 underlying)
7GC & Co. Holdings LLC
10% Owner
Transactions
- Award
Promissory Notes
2024-01-30Exercise: $2.86From: 2024-01-30→ Class A Common Stock (890,611 underlying)
Hennessy Thomas D
Director10% Owner
Transactions
- Award
Promissory Notes
2024-01-30Exercise: $2.86From: 2024-01-30→ Class A Common Stock (890,611 underlying)
Leeney Jack
DirectorCOB, CEO and President10% Owner
Transactions
- Award
Promissory Notes
2024-01-30Exercise: $2.86From: 2024-01-30→ Class A Common Stock (890,611 underlying)
Footnotes (3)
- [F1]These promissory notes have no expiration date.
- [F2]On December 12, 2023, in connection with the Issuer's business combination, 7GC & Co. Holdings LLC (the "Sponsor") came to a non-binding agreement with the Issuer to amend the optional conversion provision of certain unsecured promissory notes issued by the Issuer to the Sponsor, pursuant to which the Issuer may borrow up to $2,550,000 from the Sponsor, to provide that the Sponsor has the right to elect to convert up to the full amount of the principal balance of these promissory notes, in whole or in part, 30 trading days after the closing of the Issuer's business combination (the "Closing") at a conversion price equal to the average daily volume weighted average price of the Issuer's Class A Common Stock for the 30 trading days following the Closing.
- [F3]These securities are directly owned by the Sponsor. Each of Mr. Jack Leeney, Mr. Thomas D. Hennessy and Mr. Milton Joseph Beck is a managing member of one of the managing members of the Sponsor. As such, each of Mr. Jack Leeney, Mr. Thomas D. Hennessy and Mr. Milton Joseph Beck has voting and investment discretion with respect to the securities held of record by the Sponsor and may be deemed to have shared beneficial ownership of the securities held directly by the Sponsor and disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
Documents
Issuer
Banzai International, Inc.
CIK 0001826011
Entity typeother
Related Parties
1- filerCIK 0001789399
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 9:17 PM ET
- Size
- 11.2 KB