Michael C. James - 09 May 2022 Form 4 Insider Report for Edible Garden AG Inc (EDBL)

Reporting relationship: Chief Financial Officer, Director, 10%+ Owner
Issuer ticker: EDBL
Reported as of: 09 May 2022
Net transaction value: +$117,801
SEC form: 4
Accepted by SEC: 11 May 2022, 16:30:48 UTC
Prior SEC filing: 09 May 2022
Next SEC filing: 02 Jun 2023
Source filing: View source filing
Reporting owner signature: /s/ Michael C. James

Key filing fact

Michael C. James filed Form 4 for Edible Garden AG Inc (EDBL) on 11 May 2022.

Key facts

This page summarizes Michael C. James's Form 4 filing for Edible Garden AG Inc (EDBL).
24 reported transactions and 12 derivative rows are listed below.
Accepted by SEC: 11 May 2022, 16:30.

Change

Previous filing in this sequence was filed on 09 May 2022.
Current net transaction value: +$117,801.

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.

EDBL transaction

Common Stock, par value $0.0001 per share

Conversion of derivative security

Transaction value: $193,723
Shares: +41,886
Change %: +3.2%
Price: $4.62
Shares after: 1,341,886
Date: 09 May 2022
Ownership: Direct

EDBL transaction

Common Stock, par value $0.0001 per share

Conversion of derivative security

Transaction value: $138,334
Shares: +29,910
Change %: +2.2%
Price: $4.62
Shares after: 1,371,796
Date: 09 May 2022
Ownership: Direct

EDBL transaction

Common Stock, par value $0.0001 per share

Conversion of derivative security

Transaction value: $110,468
Shares: +23,885
Change %: +1.7%
Price: $4.62
Shares after: 1,395,681
Date: 09 May 2022
Ownership: Direct

EDBL transaction

Common Stock, par value $0.0001 per share

Conversion of derivative security

Transaction value: $110,366
Shares: +23,863
Change %: +1.7%
Price: $4.62
Shares after: 1,419,544
Date: 09 May 2022
Ownership: Direct

EDBL transaction

Common Stock, par value $0.0001 per share

Conversion of derivative security

Transaction value: $82,524
Shares: +17,843
Change %: +1.3%
Price: $4.62
Shares after: 1,437,387
Date: 09 May 2022
Ownership: Direct

EDBL transaction

Common Stock, par value $0.0001 per share

Conversion of derivative security

Transaction value: $82,348
Shares: +17,805
Change %: +1.2%
Price: $4.62
Shares after: 1,455,192
Date: 09 May 2022
Ownership: Direct

EDBL transaction

Common Stock, par value $0.0001 per share

Conversion of derivative security

Transaction value: $82,256
Shares: +17,785
Change %: +1.2%
Price: $4.62
Shares after: 1,472,977
Date: 09 May 2022
Ownership: Direct

EDBL transaction

Common Stock, par value $0.0001 per share

Conversion of derivative security

Transaction value: $109,464
Shares: +23,668
Change %: +1.6%
Price: $4.62
Shares after: 1,496,645
Date: 09 May 2022
Ownership: Direct

EDBL transaction

Common Stock, par value $0.0001 per share

Conversion of derivative security

Transaction value: $109,266
Shares: +23,625
Change %: +1.6%
Price: $4.62
Shares after: 1,520,270
Date: 09 May 2022
Ownership: Direct

EDBL transaction

Common Stock, par value $0.0001 per share

Conversion of derivative security

Transaction value: $108,965
Shares: +23,560
Change %: +1.5%
Price: $4.62
Shares after: 1,543,830
Date: 09 May 2022
Ownership: Direct

EDBL transaction

Common Stock, par value $0.0001 per share

Conversion of derivative security

Transaction value: $81,548
Shares: +17,632
Change %: +1.1%
Price: $4.62
Shares after: 1,561,462
Date: 09 May 2022
Ownership: Direct

EDBL transaction

Common Stock, par value $0.0001 per share

Conversion of derivative security

Transaction value: $108,540
Shares: +23,468
Change %: +1.5%
Price: $4.62
Shares after: 1,584,930
Date: 09 May 2022
Ownership: Direct

EDBL holding

Common Stock, par value $0.0001 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 400,000
Date: 09 May 2022
Ownership: By spouse

EDBL holding

Common Stock, par value $0.0001 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 40,000
Date: 09 May 2022
Ownership: By daughter

EDBL holding

Common Stock, par value $0.0001 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 40,000
Date: 09 May 2022
Ownership: By daughter

Reported derivative securities

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

EDBL transaction Derivative

Convertible Note

Conversion of derivative security

Transaction value: $175,000
Shares
Change %
Price
Shares after: $0
Date: 09 May 2022
Ownership: Direct
Underlying class: Common Stock, par value $0.0001 per share
Underlying amount: 41,886
Exercise price: $4.62
Footnotes: F1

EDBL transaction Derivative

Convertible Note

Conversion of derivative security

Transaction value: $125,000
Shares
Change %
Price
Shares after: $0
Date: 09 May 2022
Ownership: Direct
Underlying class: Common Stock, par value $0.0001 per share
Underlying amount: 29,910
Exercise price: $4.62
Footnotes: F2

EDBL transaction Derivative

Convertible Note

Conversion of derivative security

Transaction value: $100,000
Shares
Change %
Price
Shares after: $0
Date: 09 May 2022
Ownership: Direct
Underlying class: Common Stock, par value $0.0001 per share
Underlying amount: 23,885
Exercise price: $4.62
Footnotes: F3

EDBL transaction Derivative

Convertible Note

Conversion of derivative security

Transaction value: $100,000
Shares
Change %
Price
Shares after: $0
Date: 09 May 2022
Ownership: Direct
Underlying class: Common Stock, par value $0.0001 per share
Underlying amount: 23,863
Exercise price: $4.62
Footnotes: F3

EDBL transaction Derivative

Convertible Note

Conversion of derivative security

Transaction value: $75,000
Shares
Change %
Price
Shares after: $0
Date: 09 May 2022
Ownership: Direct
Underlying class: Common Stock, par value $0.0001 per share
Underlying amount: 17,843
Exercise price: $4.62
Footnotes: F4

EDBL transaction Derivative

Convertible Note

Conversion of derivative security

Transaction value: $75,000
Shares
Change %
Price
Shares after: $0
Date: 09 May 2022
Ownership: Direct
Underlying class: Common Stock, par value $0.0001 per share
Underlying amount: 17,805
Exercise price: $4.62
Footnotes: F4

EDBL transaction Derivative

Convertible Note

Conversion of derivative security

Transaction value: $75,000
Shares
Change %
Price
Shares after: $0
Date: 09 May 2022
Ownership: Direct
Underlying class: Common Stock, par value $0.0001 per share
Underlying amount: 17,785
Exercise price: $4.62
Footnotes: F4

EDBL transaction Derivative

Convertible Note

Conversion of derivative security

Transaction value: $100,000
Shares
Change %
Price
Shares after: $0
Date: 09 May 2022
Ownership: Direct
Underlying class: Common Stock, par value $0.0001 per share
Underlying amount: 23,668
Exercise price: $4.62
Footnotes: F3

EDBL transaction Derivative

Convertible Note

Conversion of derivative security

Transaction value: $100,000
Shares
Change %
Price
Shares after: $0
Date: 09 May 2022
Ownership: Direct
Underlying class: Common Stock, par value $0.0001 per share
Underlying amount: 23,625
Exercise price: $4.62
Footnotes: F3

EDBL transaction Derivative

Convertible Note

Conversion of derivative security

Transaction value: $100,000
Shares
Change %
Price
Shares after: $0
Date: 09 May 2022
Ownership: Direct
Underlying class: Common Stock, par value $0.0001 per share
Underlying amount: 23,560
Exercise price: $4.62
Footnotes: F3

EDBL transaction Derivative

Convertible Note

Conversion of derivative security

Transaction value: $75,000
Shares
Change %
Price
Shares after: $0
Date: 09 May 2022
Ownership: Direct
Underlying class: Common Stock, par value $0.0001 per share
Underlying amount: 17,632
Exercise price: $4.62
Footnotes: F4

EDBL transaction Derivative

Convertible Note

Conversion of derivative security

Transaction value: $100,000
Shares
Change %
Price
Shares after: $0
Date: 09 May 2022
Ownership: Direct
Underlying class: Common Stock, par value $0.0001 per share
Underlying amount: 23,468
Exercise price: $4.62
Footnotes: F3

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Upon the closing of the Issuer's initial public offering, the Convertible Note automatically converted into shares of common stock by dividing the then-outstanding principal and interest due under the Convertible Note by $4.625. The Reporting Person held a Convertible Note for $175,000 that accrued interest at 12% per annum.

Footnote F2

Footnote F3

Footnote F4