David E. Lazar - Oct 21, 2024 Form 4 Insider Report for MINIM, INC. (MINM)

Signature
/s/ David E. Lazar
Stock symbol
MINM
Transactions as of
Oct 21, 2024
Transactions value $
$0
Form type
4
Date filed
10/22/2024, 07:03 PM
Previous filing
Oct 21, 2024
Next filing
Nov 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MINM Common Stock 25K Oct 21, 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 Award +305K +15.27% 2.31M Oct 21, 2024 Common Stock 428K Direct F1, F2, F3
* 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.
F3 The shares were issued pursuant to the Non-Employee Directors Compensation Plan of the Company.