Paul Kelley Dunne - 31 Dec 2021 Form 5 Insider Report for AmeriCrew Inc.

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Paul Kelley Dunne
Issuer symbol: N/A
Transactions as of: 31 Dec 2021
Net transactions value: +$12,547,080
Form type: 5
Filing time: 14 Feb 2022, 15:01:39 UTC
Previous filing: 05 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACRU	Common Stock	Options Exercise	$7,721,280	+2,969,723		$2.60	2,969,723	01 Dec 2021	Direct
transaction	ACRU	Common Stock	Options Exercise	$4,825,800	+1,856,077		$2.60	1,856,077	01 Dec 2021	By Novation Enterprises, LLC

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		-593,944	-100%		0	01 Dec 2021	Common Stock	593,944		Direct	F1, F2
transaction	ACRU	Series A Preferred Stock	Options Exercise		-371,215	-100%		0	01 Dec 2021	Common Stock	371,215		By Novation Enterprises, LLC	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.