Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ZIP | Series A Preferred Stock | Conversion of derivative security | $0 | -433K | -100% | $0.00* | 0 | May 14, 2021 | Class B Common Stock | 3.46M | See footnote | F1, F2, F3 | |
transaction | ZIP | Class B Common Stock | Conversion of derivative security | $0 | +3.46M | $0.00 | 3.46M | May 14, 2021 | Class A Common Stock | 3.46M | See footnote | F2, F3 | ||
transaction | ZIP | Series B Preferred Stock | Conversion of derivative security | $0 | -337K | -100% | $0.00* | 0 | May 14, 2021 | Class B Common Stock | 337K | See footnote | F2, F3, F4 | |
transaction | ZIP | Class B Common Stock | Conversion of derivative security | $0 | +337K | +9.72% | $0.00 | 3.8M | May 14, 2021 | Class A Common Stock | 337K | See footnote | F2, F3 |
Id | Content |
---|---|
F1 | Each share of the Series A Preferred Stock automatically converted into Class B Common Stock on a one-for-eight basis on the effectiveness of the Issuer's registration statement on Form S-1 and had no expiration date. |
F2 | Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date. |
F3 | Represents shares held by Basepoint Ventures Opportunity I, LLC, of which the Reporting Person is a managing partner. |
F4 | Each share of the Series B Preferred Stock automatically converted into Class B Common Stock on a one-for-one basis on the effectiveness of the Issuer's registration statement on Form S-1 and had no expiration date. |