Harvest Small Cap Master, Ltd. - Dec 31, 2023 Form 4 Insider Report for Mobile Infrastructure Corp (BEEP)

Role: 10%+ Owner
Signature: /s/ Allison A. Westfall as Attorney-in-Fact for Harvest Small Cap Partners Master, Ltd.
Stock symbol: BEEP
Transactions as of: Dec 31, 2023
Transactions value $: $14,703,697
Form type: 4
Date filed: 1/2/2024, 04:17 PM
Previous filing: Nov 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BEEP	Common Stock	Conversion of derivative security	$14.7M	+4.01M		$3.67	4.01M	Dec 31, 2023	Direct

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	-14.7K	-100%	$0.00^*	0	Dec 31, 2023	Common Stock	4.01M	$3.67	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Shares of Series 2 Convertible Preferred Stock ("Series 2 Preferred Stock") do not have an expiration date.
F2	Includes 364,223 shares of the Issuer's common stock issuable upon conversion of 1,336.7 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.

Content

Shares of Series 2 Convertible Preferred Stock ("Series 2 Preferred Stock") do not have an expiration date.

Includes 364,223 shares of the Issuer's common stock issuable upon conversion of 1,336.7 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.