Steven H. Madden - Jan 27, 2023 Form 4 Insider Report for SMG Industries Inc. (SMGI)

Role
Chief Transition Officer, Director, 10%+ Owner
Signature
/s/ Steven H. Madden
Stock symbol
SMGI
Transactions as of
Jan 27, 2023
Transactions value $
$0
Form type
4
Date filed
2/7/2023, 04:00 PM
Previous filing
Nov 9, 2022
Next filing
Aug 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMGI Common Stock, par value $.001 Purchase +3.09M +30.27% 13.3M Jan 27, 2023 Direct F1
transaction SMGI Common Stock, par value $.001 Purchase +700K +5.26% 14M Jan 27, 2023 Direct F2
transaction SMGI Common Stock, par value $.001 Purchase +549K +42.26% 1.85M Jan 27, 2023 By Apex Heritage Investments LLC F1
holding SMGI Common Stock, par value $.001 375K Jan 27, 2023 By Madden Heritage Foundation

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
holding SMGI Convertible Note $4.31M Jan 27, 2023 Common Stock 43.1M $0.10 Direct F3
holding SMGI Convertible Note $366K Jan 27, 2023 Common Stock 3.66M $0.10 Apex Heritage Investments LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Issued as consideration for the extension of the maturity date of certain loans to the Issuer.
F2 Issued as additional consideration in connection with the loans made to the Issuer.
F3 Consists of various convertible notes exercisable between 12/18/2020 and 12/31/2023.