4//SEC Filing
Absher Scott W 4
Accession 0001104659-22-080923
CIK 0001675634other
Filed
Jul 18, 8:00 PM ET
Accepted
Jul 19, 7:41 PM ET
Size
12.3 KB
Accession
0001104659-22-080923
Insider Transaction Report
Form 4
ShiftPixy, Inc.PIXY
Absher Scott W
DirectorChief Executive Officer10% Owner
Transactions
- Other
Preferred Class A Stock, Par Value $0.0001 Per Share
2022-07-15−12,500,000→ 12,500,000 total→ Common Stock par value $0.0001 per share (12,500,000 underlying) - Exercise/Conversion
Common Stock, Par Value $0.0001 Per Share
2022-07-15+8,000,000→ 20,812,000 total - Other
Options for Preferred Class A Stock
2022-07-15−12,500,000→ 0 total→ Preferred Class A Stock par value $0.0001 per share (12,500,000 underlying) - Exercise/Conversion
Preferred Class A Stock, Par Value $0.0001 Per Share
2022-07-15−8,000,000→ 4,500,000 total→ Common Stock par value $0.0001 per share (12,500,000 underlying)
Footnotes (6)
- [F1]Owner surrendered option to acquire 12,500,000 shares of Preferred Class A Stock, par value $0.0001 per share, and tendered additional sum of $5,000 in exchange for the issuance of the 12,500,000 shares of Preferred Class A Stock.
- [F2]There was no price required or paid for conversion of the 12,500,000 shares of Preferred Class A Stock, par value $0.0001 per share, to 12,500,000 shares of Common Stock.
- [F3]The option was issued to the owner in connection with an issuance originally effected at or near the founding of the company.
- [F4]The shares were issued to the owner on 7/19/2022.
- [F5]The options became exercisable upon the occurrence of certain triggering events the date for which was not yet determined. Upon the occurrence of such events, the owner has 2 years to exercise the options.
- [F6]The Preferred Class A Stock, Par Value $0.0001 Per Share is convertible immediately and has no expiration date.
Documents
Issuer
ShiftPixy, Inc.
CIK 0001675634
Entity typeother
Related Parties
1- filerCIK 0001289144
Filing Metadata
- Form type
- 4
- Filed
- Jul 18, 8:00 PM ET
- Accepted
- Jul 19, 7:41 PM ET
- Size
- 12.3 KB