Beyond, Inc. - Oct 21, 2024 Form 3 Insider Report for KIRKLAND'S, INC (KIRK)

Role: 10%+ Owner
Signature: /s/ Adrianne B. Lee
Stock symbol: KIRK
Transactions as of: Oct 21, 2024
Transactions value $: $0
Form type: 3
Date filed: 10/28/2024, 04:01 PM

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	KIRK	Convertible Note							Oct 21, 2024	Common Stock	4.59M	$1.85	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The Convertible Note is convertible in whole or in part into Common Stock at the Reporting Person's election, provided that in no event can the number of shares of Common Stock issued upon conversion exceed 19.9% of the outstanding Common Stock prior to obtaining the Issuer's stockholder approval of the Subscription Agreement between the Issuer and the Reporting Person. The Convertible Note will automatically convert upon stockholder approval. The number of shares reported herein represents the maximum number of shares issuable under the Convertible Note based on a principal amount of $8.5 million.

Content

The Convertible Note is convertible in whole or in part into Common Stock at the Reporting Person's election, provided that in no event can the number of shares of Common Stock issued upon conversion exceed 19.9% of the outstanding Common Stock prior to obtaining the Issuer's stockholder approval of the Subscription Agreement between the Issuer and the Reporting Person. The Convertible Note will automatically convert upon stockholder approval. The number of shares reported herein represents the maximum number of shares issuable under the Convertible Note based on a principal amount of $8.5 million.