Jeffrey Osher - Dec 31, 2023 Form 4 Insider Report for Mobile Infrastructure Corp (BEEP)

Role: Director, 10%+ Owner
Signature: /s/ Allison A. Westfall as Attorney-in-Fact for Jeffrey Osher
Stock symbol: BEEP
Transactions as of: Dec 31, 2023
Transactions value $: $43,999,990
Form type: 4
Date filed: 1/2/2024, 04:20 PM
Previous filing: Dec 18, 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	$22M	+5.99M		$3.67	5.99M	Dec 31, 2023	By HSCP Strategic III L.P.	F5
transaction	BEEP	Common Stock	Conversion of derivative security	$7.3M	+1.99M		$3.67	1.99M	Dec 31, 2023	By Harvest Small Cap Partners, L.P.	F6
transaction	BEEP	Common Stock	Conversion of derivative security	$14.7M	+4.01M		$3.67	4.01M	Dec 31, 2023	By Harvest Small Cap Partners Master, Ltd.	F7
holding	BEEP	Common Stock						3.94M	Dec 31, 2023	By Color Up, LLC	F8
holding	BEEP	Common Stock						35K	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	-22K	-100%	$0.00^*	0	Dec 31, 2023	Common Stock	5.99M	$3.67	By HSCP Strategic III L.P	F1, F2, F5
transaction	BEEP	Series 2 Convertible Preferred Stock	Conversion of derivative security	$0	-7.3K	-100%	$0.00^*	0	Dec 31, 2023	Common Stock	1.99M	$3.67	By Harvest Small Cap Partners, L.P.	F1, F3, F6
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	By Harvest Small Cap Partners Master, Ltd.	F1, F4, F7

* 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 544,959 shares of the Issuer's common stock issuable upon conversion of 2,000 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.
F3	Includes 180,735 shares of the Issuer's common stock issuable upon conversion of 663.3 shares of Series 2 Preferred Stock issued as Dividends on December 31, 2023. 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.
F4	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 Dividends on December 31, 2023. 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.
F5	These securities are owned by HSCP Strategic III L.P ("HS3"). The Reporting Person is the managing member of No Street Capital LLC, the managing member of Harvest Small Cap Partners GP, LLC, the general partner of HS3. 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.
F6	These securities are owned by Harvest Small Cap Partners, L.P. ("HSCP"). The Reporting Person is the managing member of No Street Capital LLC, the managing member of Harvest Small Cap Partners GP, LLC, the general partner of HSCP. 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.
F7	These securities are owned by Harvest Small Cap Partners Master, Ltd. ("HSCPM"). The Reporting Person is the managing member of No Street Capital LLC, the investment manager of HSCPM. 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.
F8	These securities are owned by Color Up, LLC ("Color Up"). The Reporting Person is a member of Color Up and may be deemed to be a beneficial owner of such securities. Additionally, HS3 is a member of Color Up. The Reporting Person disclaims beneficial ownership of these securities except to the extent of its 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.