James S. Pignatelli - 04 Aug 2021 Form 4 Insider Report for ODYSSEY MARINE EXPLORATION INC (OMEX)

Role
Director
Signature
/s/ Jay A. Nudi, POA for James S. Pignatelli
Issuer symbol
OMEX
Transactions as of
04 Aug 2021
Net transactions value
$0
Form type
4
Filing time
06 Aug 2021, 18:23:06 UTC
Next filing
21 Jan 2022
SEC
View on sec.gov

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 OMEX Convertible debt Other +563,715 129,589 04 Aug 2021 Common 129,589 $4.35 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Assignment of convertible debt from a third party.
F2 The convertible debt is comprised of $404,633 principal and $159,082 accrued interest.
F3 The conversion right expires upon payment of the indebtedness in full.
F4 Additional interest of 10% per annum accrues on the principal and is convertible at $4.35.