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

Signature
/s/ David E. Lazar
Issuer symbol
MINM
Transactions as of
21 Oct 2024
Net transactions value
$0
Form type
4
Filing time
22 Oct 2024, 19:03:00 UTC
Previous filing
21 Oct 2024
Next filing
25 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MINM Common Stock 25,000 21 Oct 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 +305,357 +15% 2,305,357 21 Oct 2024 Common Stock 427,500 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.