Earl Scott - Dec 31, 2021 Form 5 Insider Report for AmeriCrew Inc. (ACRU)

Role
Chief People Officer
Signature
/s/ Earl Scott
Stock symbol
ACRU
Transactions as of
Dec 31, 2021
Transactions value $
$5,790,959
Form type
5
Date filed
2/14/2022, 03:01 PM
Previous filing
Oct 5, 2021
Next filing
Jan 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACRU Common Stock Options Exercise $5.79M +2.23M $2.60 2.23M Dec 1, 2021 Direct

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 ACRU Series A Preferred Stock Options Exercise -445K -100% 0 Dec 1, 2021 Common Stock 445K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Series A Preferred Stock automatically converted immediately upon the effectiveness of a one-for-100 reverse stock split of the Issuer's issued and outstanding common stock on December 1, 2021.
F2 Each share of Series A Preferred Stock converted into 500 shares of common stock, subject to customary adjustments.