David E. Lazar - 29 Jan 2024 Form 4 Insider Report for MINIM, INC. (MINM)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: MINM
Reported as of: 29 Jan 2024
Net transaction value: +$2,800,000
SEC form: 4
Accepted by SEC: 31 Jan 2024, 18:02:04 UTC
Prior SEC filing: 24 Jan 2024
Next SEC filing: 03 Apr 2024
Source filing: View source filing
Reporting owner signature: /s/ David E. Lazar

Key filing fact

David E. Lazar filed Form 4 for MINIM, INC. (MINM) on 31 Jan 2024.

Key facts

This page summarizes David E. Lazar's Form 4 filing for MINIM, INC. (MINM).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 31 Jan 2024, 18:02.

Change

Previous filing in this sequence was filed on 24 Jan 2024.
Current net transaction value: +$2,800,000.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MINM holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 25,000
Date: 29 Jan 2024
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MINM transaction Derivative

Series A Convertible Preferred Stock

Purchase

Transaction value: $2,800,000
Shares: +2,000,000
Change %
Price: $1.40
Shares after: 2,000,000
Date: 29 Jan 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,800,000
Exercise price
Footnotes: F1, F2

MINM transaction Derivative

Warrants

Purchase

Transaction value: $0
Shares: +2,800,000
Change %
Price: $0.000000
Shares after: 2,800,000
Date: 29 Jan 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,800,000
Exercise price: $1.00

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The shares of Series A Convertible Preferred Stock ("Series A Preferred Stock") of Minim, Inc. (the "Company") are convertible at any time at the option of the holder for no additional consideration.

Footnote F2

The Series A Preferred Stock is perpetual and therefore has no expiration date.