SAMUEL L. SHIMER - 26 Jul 2022 Form 4 Insider Report for Heritage Global Inc. (HGBL)

Role
Director
Signature
/s/ Samuel L. Shimer by James E. Sklar POA
Issuer symbol
HGBL
Transactions as of
26 Jul 2022
Net transactions value
+$30,575
Form type
4
Filing time
28 Jul 2022, 17:44:49 UTC
Previous filing
27 May 2022
Next filing
05 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HGBL Common Stock Options Exercise $4,150 +5,000 +2.1% $0.8300 242,500 26 Jul 2022 Direct
transaction HGBL Common Stock Options Exercise $3,975 +7,500 +3.3% $0.5300* 237,500 26 Jul 2022 Direct
transaction HGBL Common Stock Options Exercise $4,000 +10,000 +4.5% $0.4000* 230,000 26 Jul 2022 Direct
transaction HGBL Common Stock Options Exercise $4,800 +10,000 +4.8% $0.4800* 220,000 26 Jul 2022 Direct
transaction HGBL Common Stock Options Exercise $11,250 +25,000 +14% $0.4500* 210,000 26 Jul 2022 Direct
transaction HGBL Common Stock Options Exercise $2,400 +10,000 +5.7% $0.2400* 185,000 26 Jul 2022 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 HGBL Option to purchase common stock Options Exercise $0 -5,000 -50% $0.000000 5,000 26 Jul 2022 Common Stock 5,000 $0.8300 Direct F1
transaction HGBL Option to purchase common stock Options Exercise $0 -7,500 -75% $0.000000 2,500 26 Jul 2022 Common Stock 7,500 $0.5300 Direct F2
transaction HGBL Option to purchase common stock Options Exercise $0 -10,000 -100% $0.000000* 0 26 Jul 2022 Common Stock 10,000 $0.4000 Direct F3
transaction HGBL Option to purchase common stock Options Exercise $0 -10,000 -100% $0.000000* 0 26 Jul 2022 Common Stock 10,000 $0.4800 Direct F4
transaction HGBL Option to purchase common stock Options Exercise $0 -25,000 -100% $0.000000* 0 26 Jul 2022 Common Stock 25,000 $0.4500 Direct F5
transaction HGBL Option to purchase common stock Options Exercise $0 -10,000 -100% $0.000000* 0 26 Jul 2022 Common Stock 10,000 $0.2400 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options were granted 3/31/2020 and vested 25% annually beginning on the first anniversary of the grant date.
F2 Options were granted 3/29/2019 and vested 25% annually beginning on the first anniversary of the grant date.
F3 Options were granted 3/30/2018 and vested 25% annually beginning on the first anniversary of the grant date.
F4 Options were granted 3/31/2017 and vested 25% annually beginning on the first anniversary of the grant date.
F5 Options were granted 12/9/2016 and vested 25% annually beginning on the first anniversary of the grant date.
F6 Options were granted 3/31/2016 and vested 25% annually beginning on the first anniversary of the grant date.