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

Role
10%+ Owner
Signature
/s/ Sean Ryder, Attorney-in-Fact
Stock symbol
GNLX
Transactions as of
Jan 30, 2023
Transactions value $
$0
Form type
4
Date filed
1/30/2023, 03:29 PM
Previous filing
Jan 25, 2023
Next filing
Sep 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GNLX Common Stock Conversion of derivative security +500K +28.43% 2.26M Jan 30, 2023 By Trust F1, F2
transaction GNLX Common Stock Conversion of derivative security +500K +1000% 550K Jan 30, 2023 By Trust F1, F3
holding GNLX Common Stock 32.2K Jan 30, 2023 Direct
holding GNLX Common Stock 1.59M Jan 30, 2023 By Trust F4
holding GNLX Common Stock 169K Jan 30, 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 -1.5M -100% 0 Jan 30, 2023 Common Stock 500K By Trust F1, F2
transaction GNLX Series A Preferred Stock Conversion of derivative security -1.5M -100% 0 Jan 30, 2023 Common Stock 500K 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.