Aladar Szalay - 30 Jan 2023 Form 4 Insider Report for GENELUX CORP (GNLX)

Role
10%+ Owner
Signature
/s/ Sean Ryder, Attorney-in-Fact
Issuer symbol
GNLX
Transactions as of
30 Jan 2023
Net transactions value
$0
Form type
4
Filing time
30 Jan 2023, 15:29:28 UTC
Previous filing
25 Jan 2023
Next filing
11 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNLX Common Stock Conversion of derivative security +500,000 +28% 2,258,760 30 Jan 2023 By Trust F1, F2
transaction GNLX Common Stock Conversion of derivative security +500,000 +1000% 550,000 30 Jan 2023 By Trust F1, F3
holding GNLX Common Stock 32,167 30 Jan 2023 Direct
holding GNLX Common Stock 1,589,577 30 Jan 2023 By Trust F4
holding GNLX Common Stock 169,494 30 Jan 2023 By Spouse

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 GNLX Series A Preferred Stock Conversion of derivative security -1,500,000 -100% 0 30 Jan 2023 Common Stock 500,000 By Trust F1, F2
transaction GNLX Series A Preferred Stock Conversion of derivative security -1,500,000 -100% 0 30 Jan 2023 Common Stock 500,000 By Trust F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series A Preferred Stock automatically converted into shares of Common Stock at a conversion ratio of 1 share of Common Stock for each 3 shares of Preferred Stock upon the closing of the Issuer's initial public offering. The Series A Preferred Stock had no expiration date.
F2 Shares held by The Szalay 2009 Irrevocable Trust.
F3 Shares held by The Szalay Children's Trust.
F4 Shares held by The Szalay 2010 Retained Annuity Trust.