Erik Savenstrand - Jan 18, 2022 Form 3 Insider Report for SensaSure Technologies, Inc. (SESU)

Role
Director
Signature
/s/ Erik Savenstrand
Stock symbol
SESU
Transactions as of
Jan 18, 2022
Transactions value $
$0
Form type
3
Date filed
1/27/2022, 05:12 AM

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 3.08M Jan 18, 2022 Direct
holding SESU Class B Preferred Stock, $0.001 par value 500 Jan 18, 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 can be vested only upon certain performance condition of the share owner. 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.