Bombe-MIC Pref, LLC - 31 Dec 2023 Form 4 Insider Report for Mobile Infrastructure Corp (BEEP)

Role: 10%+ Owner
Signature: /s/ Allison A. Westfall as Attorney-in-Fact for Bombe-MIC Pref, LLC
Issuer symbol: BEEP
Transactions as of: 31 Dec 2023
Net transactions value: +$6,599,996
Form type: 4
Filing time: 02 Jan 2024, 16:18:32 UTC
Previous filing: 13 Nov 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BEEP	Common Stock	Conversion of derivative security	$6,599,996	+1,798,364		$3.67	1,798,364	31 Dec 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	-6,600	-100%	$0.000000^*	0	31 Dec 2023	Common Stock	1,798,364	$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 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.

Content

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

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.