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

Role
Director, 10%+ Owner
Signature
/s/ David E. Lazar
Issuer symbol
MINM
Transactions as of
29 Jan 2024
Net transactions value
+$2,800,000
Form type
4
Filing time
31 Jan 2024, 18:02:04 UTC
Previous filing
24 Jan 2024
Next filing
03 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MINM Common Stock 25,000 29 Jan 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 $2,800,000 +2,000,000 $1.40 2,000,000 29 Jan 2024 Common Stock 2,800,000 Direct F1, F2
transaction MINM Warrants Purchase $0 +2,800,000 $0.000000 2,800,000 29 Jan 2024 Common Stock 2,800,000 $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.