Paul Metcalf - Sep 20, 2022 Form 4 Insider Report for TUESDAY MORNING CORP/DE (TUEMQ)

Role
CMO
Signature
/s/ Jennyfer R Gray as Attorney-in-fact for Paul Metcalf
Stock symbol
TUEMQ
Transactions as of
Sep 20, 2022
Transactions value $
$600,000
Form type
4
Date filed
9/22/2022, 04:24 PM
Previous filing
Mar 31, 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 TUEMQ Junior Secured Convertible Notes Award $600K $600K Sep 20, 2022 Common Stock 7.79M $0.08 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to adjustment, from time to time, for the issuance of common stock, options or convertible securities and for any stock split, stock dividend, recapitalization or other events as provided in the Junior Secured Convertible Notes.
F2 The Junior Secured Convertible Notes will become convertible upon the effectiveness of an amendment to the Company's certificate of incorporation that provides for sufficient authorized shares for conversion.

Remarks:

See Power of Attorney - Exhibit 24.1