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

Role: Director, 10%+ Owner
Signature: /s/ David E. Lazar
Stock symbol: MINM
Transactions as of: Jan 29, 2024
Transactions value $: $2,800,000
Form type: 4
Date filed: 1/31/2024, 06:02 PM
Previous filing: Jan 24, 2024
Next filing: Apr 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MINM	Common Stock						25K	Jan 29, 2024	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	MINM	Series A Convertible Preferred Stock	Purchase	$2.8M	+2M		$1.40	2M	Jan 29, 2024	Common Stock	2.8M		Direct	F1, F2
transaction	MINM	Warrants	Purchase	$0	+2.8M		$0.00	2.8M	Jan 29, 2024	Common Stock	2.8M	$1.00	Direct

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

Explanation of Responses:

Id	Content
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.
F2	The Series A Preferred Stock is perpetual and therefore has no expiration date.