Lawrence M. Diamond - 27 Apr 2022 Form 4 Insider Report for Mitesco, Inc. (MITI)

Role
Chief Executive Officer, Director
Signature
/s/ Lawrence M. Diamond
Issuer symbol
MITI
Transactions as of
27 Apr 2022
Net transactions value
$0
Form type
4
Filing time
03 May 2022, 16:34:08 UTC
Previous filing
19 Apr 2022
Next filing
27 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MITI Common Stock, par value $0.01 Other $0 +96,471 +1.2% $0.000000 8,293,963 27 Apr 2022 Direct F1, F2

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 MITI Common Stock Purchase Warrant Purchase $0 +367,500 $0.000000 367,500 27 Apr 2022 Common Stock 367,500 $0.5000 Direct F3
transaction MITI Common Stock Purchase Warrant Purchase $0 +96,471 +26% $0.000000 463,971 27 Apr 2022 Common Stock 96,471 $0.5000 Direct F4
transaction MITI Common Stock Purchase Warrant Purchase $0 +96,471 +21% $0.000000 560,442 27 Apr 2022 Common Stock 96,471 $0.5000 Direct F5
transaction MITI Common Stock Purchase Warrant Purchase $0 +367,500 $0.000000 367,500 27 Apr 2022 Common Stock 367,500 $0.7500 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 27, 2022, Mitesco, Inc. (the "Company") issued a 10% Promissory Note due October 27, 2022 (the "Note") to Lawrence Diamond. The principal amount of the Note is $235,294.00, carries a 10% interest rate per annum, payable in monthly installments.
F2 In connection with the Note, on April 27, 2022, the Company issued 96,471 commitment fee shares of the Company's common stock to Mr. Diamond.
F3 367,500 Common Stock Purchase Warrants at an exercise price of $0.50 were granted to Mr. Diamond on April 27, 2022, pursuant to a Promissory Note issued by the Company to Mr. Diamond on February 15. The Warrants are exercisable at any time on or after October 27, 2022, and on or before the April 27, 2027.
F4 96,471 Common Stock Purchase Warrants at an exercise price of $0.50 were granted to Mr. Diamond on April 27, 2022, pursuant to a Promissory Note issued by the Company to Mr. Diamond on March 18. The Warrants are exercisable at any time on or after October 27, 2022, and on or before the April 27, 2027.
F5 96,471 Common Stock Purchase Warrants at an exercise price of $0.50 were granted to Mr. Diamond on April 27, 2022 pursuant to the Note. The Warrants are exercisable at any time on or after October 27, 2022, and on or before the April 27, 2027.
F6 367,500 Common Stock Purchase Warrants at an exercise price of $0.75 were granted to Mr. Diamond on April 27, 2022, pursuant to a Promissory Note issued by the Company to Mr. Diamond on February 15. The Warrants are exercisable at any time on or after October 27, 2022, and on or before the April 27, 2027.