Manuel Chavez III - Dec 31, 2023 Form 4 Insider Report for Mobile Infrastructure Corp (BEEP)

Role: CEO, Director, 10%+ Owner
Signature: /s/ Allison A. Westfall as Attorney-in-Fact for Manuel Chavez III
Stock symbol: BEEP
Transactions as of: Dec 31, 2023
Transactions value $: $6,599,996
Form type: 4
Date filed: 1/2/2024, 04:16 PM
Previous filing: Aug 25, 2023
Next filing: Jan 12, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BEEP	Common Stock	Conversion of derivative security	$6.6M	+1.8M		$3.67	1.8M	Dec 31, 2023	By Bombe-MIC Pref, LLC	F1
holding	BEEP	Common Stock						3.94M	Dec 31, 2023	By Color Up, LLC	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BEEP	Series 2 Convertible Preferred Stock	Conversion of derivative security	$0	+6.6K		$0.00^*	0	Dec 31, 2023	Common Stock	1.8M	$3.67	By Bombe-MIC Pref, LLC	F1, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These securities are owned by Bombe-MIC Pref, LLC ("Bombe"). The Reporting Person is a member and manager of Bombe. Accordingly, the Reporting Person may be deemed to be a beneficial owner of such securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.
F2	These securities are owned by Color Up, LLC ("Color Up"). The Reporting Person is a manager of Color Up and may be deemed to be a beneficial owner of such securities. Additionally Bombe Asset Management, LLC, a Delaware limited liability company owned and controlled by the Reporting Person, is a member of Color Up. The Reporting Person disclaims beneficial ownership of these securities excepted to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.
F3	Shares of Series 2 Convertible Preferred Stock ("Series 2 Preferred Stock") do not have an expiration date.
F4	Includes 163,487 shares of the Issuer's common stock issuable upon conversion of 600 shares of Series 2 Preferred Stock issued as payment-in-kind dividends on December 31, 2023 (the "Dividends"). As holders of Series 2 Preferred Stock had no choice to receive the Dividends in cash rather than in shares of Series 2 Preferred Stock, the receipt of shares of Series 2 Preferred Stock issued as the Dividends (and immediately thereafter converted into the Issuer's common stock) has not separately been reported in reliance on Rule 16a-9(a) of the Securities Exchange Act of 1934, as amended.