4//SEC Filing
Harper-Denson Craig 4
Accession 0001654954-23-001795
CIK 0001277250other
Filed
Feb 14, 7:00 PM ET
Accepted
Feb 15, 4:05 PM ET
Size
12.8 KB
Accession
0001654954-23-001795
Insider Transaction Report
Form 4
Harper-Denson Craig
DirectorCOO, CCO, Secretary
Transactions
- Exercise/Conversion
Common Stock, par value $0.0001
2022-12-22$0.55/sh+128,866$70,876→ 128,866 total(indirect: By Spouse) - Gift
Common Stock, par value $0.0001
2022-12-22−128,866→ 128,866 total(indirect: By Spouse) - Gift
Common Stock, par value $0.0001
2022-12-22+128,866→ 128,866 total - Sale
Common Stock, par value $0.0001
2023-02-13$1.94/sh−128,866$250,000→ 0 total - Exercise/Conversion
Options, right to buy
2022-12-16−128,866→ 9,500,875 total(indirect: By Spouse)Exercise: $0.55Exp: 2030-11-01→ Common Stock (128,866 underlying)
Footnotes (3)
- [F1]The options were exercised by virtue of the Contract to Sell (obligation to sell) executed on August 29, 2022 between the Reporting Person and an unaffiliated third party buyer, which was reported on the Form 4 filed by the Reporting Person on August 31, 2022. The terms of the Contract to Sell determine the timing and pricing of each of the four transactions transferring Common Stock from Reporting Person to the buyer, and neither the Reporting Person nor the buyer has any control over such timing or pricing. The information in this Form 4 is being filed to disclose the number of shares of Common Stock transferred in connection with the December 15, 2022 transfer.
- [F2]The sale price reported in Column 4 is the equivalent of the 95% of the volume weighted average price of the Issuer's Common Stock for the 75 days immediately preceding the 15th of December, 2022. The shares issued upon exercise of the option were gifted to the Reporting Person by Reporting Person's spouse and Reporting Person, as direct owner, disposed of the shares.
- [F3]On November 1, 2020, the Reporting Person's spouse was issued a ten-year option to purchase 10,500,000 shares of common stock. The vesting schedule for the remaining shares issuable upon exercise is: (i) 4,250,875 shares, which vested November 1, 2021; (ii) 2,625,000 shares, which vested on November 1, 2022; and (iii) 2,625,000 shares will vest on November 1, 2023.
Documents
Issuer
Charge Enterprises, Inc.
CIK 0001277250
Entity typeother
Related Parties
1- filerCIK 0001872307
Filing Metadata
- Form type
- 4
- Filed
- Feb 14, 7:00 PM ET
- Accepted
- Feb 15, 4:05 PM ET
- Size
- 12.8 KB