Joshua Horowitz - 29 Jul 2021 Form 4 Insider Report for MINIM, INC. (MINM)

Role
Director
Signature
/s/ Joshua S. Horowitz
Issuer symbol
MINM
Transactions as of
29 Jul 2021
Net transactions value
+$100,000
Form type
4
Filing time
30 Jul 2021, 10:01:14 UTC
Previous filing
22 Jun 2021
Next filing
23 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MINM Common Stock Purchase $100,000 +40,000 +3.3% $2.50 1,246,640 29 Jul 2021 By Palm Global Small Cap Master Fund LP F1
holding MINM Common Stock 7,286 29 Jul 2021 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
holding MINM Stock Option (right to buy) 15,000 29 Jul 2021 Common Stock 15,000 $2.03 Direct F2
holding MINM Stock Option (right to buy) 7,500 29 Jul 2021 Common Stock 7,500 $2.04 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares are owned directly by Palm Global Small Cap Master Fund LP (the "Fund"). Palm Management (US) LLC ("Palm Management"), as the investment manager of the Fund, may be deemed to be a beneficial owner of the shares of Common Stock disclosed as directly owned by the Fund. Due to his positions with the Fund and Palm Management, Mr. Joshua S. Horowitz may be deemed to be a beneficial owner of the shares of Common Stock disclosed as directly owned by the Fund. Due to his position with Palm Management, Mr. Bradley C. Palmer may be deemed to be a beneficial owner of the shares of Common Stock disclosed as directly owned by the Fund. Messrs. Palmer and Horowitz disclaim beneficial ownership of these shares except to the extent of their respective pecuniary interest therein.
F2 Fully exercisable as of the grant date, July 9, 2020.
F3 Fully exercisable as of the grant date, July 13, 2020.

Remarks:

Effective June 3, 2021, the issuer changed its legal name from Zoom Telephonics, Inc. to Minim, Inc. It previously changed its trading symbol from "ZMTP" to "MINM" effective December 8, 2020.