John Trainor - Jan 7, 2022 Form 3 Insider Report for SensaSure Technologies, Inc. (SESU)

Signature
/s/ John Trainor
Stock symbol
SESU
Transactions as of
Jan 7, 2022
Transactions value $
$0
Form type
3
Date filed
1/7/2022, 06:00 PM
Next filing
Aug 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SESU Common Stock, $0.01 par value per share 9.92M Jan 7, 2022 Direct
holding SESU Class A Preferred Stock, $0.001 par value 23.9K Jan 7, 2022 Direct F1
holding SESU Class B Preferred Stock, $0.001 par value 28K Jan 7, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of preferred stock has a conversion rate of 1 to 1,000 common shares and such conversion can occur subject to various performance condition, service conditions and lock up period that will vary for each of the issuances. When conversion is available it shall be at the discretion of the preferred shareholder. Sale of the converted shares shall not occur until sixty (60) months after a NASDAQ listing. There shall be no dividend rights assigned to the preferred shares. There shall be no registration rights attached to the converted shares. Voting rights per preferred share are 1,000 common shares.