Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | STRC | Common Stock | Other | $0 | -1.25M | -76.54% | $0.00 | 383K | Sep 8, 2023 | See footnote | F1, F2, F3 |
transaction | STRC | Common Stock | Other | $0 | +1.25M | +205.33% | $0.00 | 1.86M | Sep 8, 2023 | Direct | F1, F2 |
transaction | STRC | Common Stock | Gift | $0 | -1.25M | -67.25% | $0.00 | 609K | Sep 8, 2023 | Direct | F2 |
holding | STRC | Common Stock | 904 | Sep 8, 2023 | By spouse | F2 |
Id | Content |
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F1 | On September 8, 2023, Mare's Leg Capital, LLC ("MLC") transferred 1,250,000 shares to Benjamin Wolff and his spouse Julie Wolff as members of MLC for no consideration. Subsequently, on September 8, 2023, Mr. Wolff and Mrs. Wolff transferred the shares they received from MLC to three trusts created for estate planning purposes. Specifically, Mr. Wolff and Mrs. Wolff transferred 416,666 shares to Corrival Trust, 416,667 shares to WXW Trust and 416,667 shares to Mare's Leg Trust (each, a "Trust" ), as a gift for no consideration for estate planning purposes. The trustee of each Trust is Willow Street Trust Company of Wyoming, LLC and the beneficiaries of each Trust are Mr. Wolff and Mrs. Wolff together with their family. |
F2 | The reported number of shares has been adjusted to reflect the impact of the Issuer's 1-for-6 reverse stock split completed on July 5, 2023. |
F3 | Represents shares held by MLC, an entity wholly owned by Mr. Wolff and Mrs. Wolff. |