Marshall T. Reynolds - Oct 6, 2021 Form 4 Insider Report for Energy Services of America CORP (ESOA)

Role
Director, 10%+ Owner
Signature
s/Charles Crimmel
Stock symbol
ESOA
Transactions as of
Oct 6, 2021
Transactions value $
$0
Form type
4
Date filed
10/8/2021, 08:52 PM
Previous filing
Sep 17, 2021
Next filing
Feb 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESOA Common Stock Conversion of derivative security +337K +22.86% 1.81M Oct 6, 2021 Direct F2

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 ESOA Series A Convertible Preferred Stock Conversion of derivative security -58 -100% 0 Oct 6, 2021 Common Stock 337K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Series A Preferred Stock will be converted into shares of common stock, at the option of the holders, only in the event that the issuer elects to redeem the Series A Preferred Stock, and only during the period provided by the issuers Notice of Redemption.
F2 Series A Preferred Stock was converted to common shares at $25,000 per share plus accrued but unpaid dividends divided by a $1.50 redemption price.