Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PIXY | Option for Shares of Preferred Class A Stock | Other | $821K | +1 | +100% | $820,793.24* | 2 | Aug 12, 2022 | Preferred Class A Stock par value $0.0001 per share | 4.1M | Direct | F1, F2, F3, F4, F5, F6, F7 |
Id | Content |
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F1 | There is no conversion or exercise price applicable to the acquisition of this option; however, the purchase price for the option is reported in column 8. The exercise price of the underlying derivative securities, upon exercise of the option, is the par value of $0.0001 per share. |
F2 | The Reporting Person and the Issuer entered into an instrument whereby the Reporting Person waived claims to certain unpaid compensation due to him from the Issuer through July 31, 2022, in the amount of $820,793.24, in exchange for the Issuer's issuance to the Reporting Person of an option to receive 4,100,000 shares of the Company's Preferred Class A Stock. |
F3 | A single option was given to acquire 4,100,000 shares of the Company's Preferred Class A Stock. |
F4 | The option granted through the instrument is exercisable at any time. |
F5 | The option granted through the instrument has no expiration date. |
F6 | The price paid for the option was the waiver of claims by the Reporting Person to certain unpaid compensation due to him from the Issuer through July 31, 2022, in the amount of $820,793.24. |
F7 | The Reporting Person has (a) 1 option to acquire 4,100,000 shares of the Company's Preferred Class A Stock, and (b) 1 previously issued option, yet unexercised, to acquire 4,500,000 shares of the Company's Preferred Class A Stock; thus, collectively the Reporting Person has 2 options to acquire a total of up to 8,600,000 shares of the Company's Preferred Class A Stock. |