Buckhout Laurie M. - 23 Feb 2024 Form 4 Insider Report for Castellum, Inc. (CTM)

Role: 10%+ Owner
Signature: /s/ Buckhout Laurie M
Issuer symbol: CTM
Transactions as of: 23 Feb 2024
Net transactions value: $0
Form type: 4
Filing time: 23 Feb 2024, 16:33:38 UTC
Previous filing: 24 Aug 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CTM	Common Stock, par value $0.0001 per share						16,290	23 Feb 2024	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	CTM	Convertible Promissory Note	Other		0			0	23 Feb 2024	Common Stock, par value $0.0001 per share			By Buckhout Charitable Remainder Trust	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Buckhout Charitable Remainder Trust, Laurie Buckhout, TTEE, formerly was the holder of a convertible promissory note ( Promissory Note) in the principal amount of $3.7 million, with a maturity date of September 30, 2024, convertible into Common Stock at $0.26 per share. In connection with the amendment and restatement of the Promissory Note on February 22, 2024, the principal amount was repaid in part, monthly payments were scheduled, the term of the Promissory Note was extended and the convertibility feature was removed. Therefore, at the effective time of the amendment and restatement, the Promissory Note ceased to be, and the Reporting Person ceased to hold a derivative security .

Content

The Buckhout Charitable Remainder Trust, Laurie Buckhout, TTEE, formerly was the holder of a convertible promissory note ( Promissory Note) in the principal amount of $3.7 million, with a maturity date of September 30, 2024, convertible into Common Stock at $0.26 per share. In connection with the amendment and restatement of the Promissory Note on February 22, 2024, the principal amount was repaid in part, monthly payments were scheduled, the term of the Promissory Note was extended and the convertibility feature was removed. Therefore, at the effective time of the amendment and restatement, the Promissory Note ceased to be, and the Reporting Person ceased to hold a derivative security .