Ingrid Jenny Lindstrom - 26 May 2022 Form 4 Insider Report for Mitesco, Inc. (MITI)

Signature
/s/ Ingrid Jenny Lindstrom
Issuer symbol
MITI
Transactions as of
26 May 2022
Net transactions value
+$4,220
Form type
4
Filing time
02 Jun 2022, 20:02:17 UTC
Previous filing
25 Mar 2022
Next filing
06 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MITI Common Stock, par value $0.01 Other $4,220 +16,882 +165% $0.2500 27,132 26 May 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 +16,882 $0.000000 16,882 26 May 2022 Common Stock 16,882 $0.5000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 26, 2022, Mitesco, Inc. (the "Company") issued a 10% Promissory Note (the "Note") to Jenny Lindstrom. The principal amount of the Note is $41,176.00, carries a 10% interest rate per annum, payable in monthly installments.
F2 In connection with the Note, on May 26, 2022, the Company issued 16,882 commitment fee shares of the Company's common stock to Ms. Lindstrom.
F3 16,882 Common Stock Purchase Warrants at an exercise price of $0.50 were granted to Ms. Lindstrom on May 26, 2022, pursuant to the Note. The Warrants are exercisable at any time on or after November 26, 2022, and on or before the May 26, 2027.