Frank S. Lucente - Oct 6, 2021 Form 4 Insider Report for Energy Services of America CORP (ESOA)

Role: Director
Signature: s/Charles Crimmel
Stock symbol: ESOA
Transactions as of: Oct 6, 2021
Transactions value $: $0
Form type: 4
Date filed: 10/8/2021, 08:55 PM
Previous filing: Sep 27, 2021
Next filing: Jun 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ESOA	Common Stock	Conversion of derivative security		+38.7K			38.7K	Oct 6, 2021	Spouse	F2
holding	ESOA	Common Stock						354K	Oct 6, 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
transaction	ESOA	Common Stock	Conversion of derivative security		-2	-100%		0	Oct 6, 2021	Common Stock	38.7K		Spouse	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.