Carr Kimball 4
4 · INSPIRE VETERINARY PARTNERS, INC. · Filed Nov 15, 2023
Insider Transaction Report
Form 4
Carr Kimball
DirectorSee Remarks
Transactions
- Purchase
Class A Common Stock
2023-11-15$0.55/sh+5,000$2,740→ 77,728 total
Holdings
- 333,250
Class B Common Stock
- 50,000
Warrant
Exercise: $2.40From: 2023-01-01Exp: 2028-01-01→ Class A Common Stock (50,000 underlying) - 333,250
Class B Common Stock
Exercise: $0.00→ Class A Common Stock (333,250 underlying)
Footnotes (3)
- [F1]Includes and constitutes a Warrant to purchase 50,000 shares of Class A common stock issued to Mr. Carr in connection with his personal guaranty of certain loans to the issuer. The Warrant is exercisable from time to time and at any time, in whole or in part, by the holder thereof on a cash- or cashless-exercise basis.
- [F2]The Exercise Price of $2.40 is calculated by multiplying the $4.00 price per share of Class A common stock issued in the issuer's initial public offering by 0.60.
- [F3]Each share of Class B common stock is entitled to the same rights applicable to each share of Class A common stock, except each share of Class B common stock is entitled to 25 votes per share of Class B common stock and is convertible at the option of the holder, at any time and from time to time, without the payment of additional consideration, into one share of Class A common stock.