James Lee - Apr 12, 2022 Form 4 Insider Report for Alfi, Inc. (ALFIQ)

Role
Director, 10%+ Owner
Signature
/s/ James Lee
Stock symbol
ALFIQ
Transactions as of
Apr 12, 2022
Transactions value $
$0
Form type
4
Date filed
5/13/2022, 05:01 PM
Next filing
Aug 9, 2022

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 ALFIQ Warrant (Right to buy) Award $0 +1.25M $0.00 1.25M Apr 12, 2022 Common Stock 1.25M $1.51 See Footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The warrant was issued to Lee Aerospace, Inc. pursuant to, and in connection with, the Credit and Security Agreement between Alfi, Inc. (as borrower) and Lee Aerospace, Inc. (as lender), dated April 12, 2022.
F2 The warrant was issued to, and is held directly by, Lee Aerospace, Inc. James Lee, a director of Alfi, Inc., may be deemed to beneficially own securities held by Lee Aerospace, Inc. by virtue of his control over Lee Aerospace, Inc. Mr. Lee disclaims beneficial ownership of the Alfi, Inc. securities held by Lee Aerospace, Inc. other than to the extent of his pecuniary interest in such securities.