Paul Kelley Dunne - Dec 31, 2021 Form 5 Insider Report for AmeriCrew Inc. (ACRU)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Paul Kelley Dunne
Stock symbol
ACRU
Transactions as of
Dec 31, 2021
Transactions value $
$12,547,080
Form type
5
Date filed
2/14/2022, 03:01 PM
Previous filing
Oct 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACRU Common Stock Options Exercise $7.72M +2.97M $2.60 2.97M Dec 1, 2021 Direct
transaction ACRU Common Stock Options Exercise $4.83M +1.86M $2.60 1.86M Dec 1, 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 -594K -100% 0 Dec 1, 2021 Common Stock 594K Direct F1, F2
transaction ACRU Series A Preferred Stock Options Exercise -371K -100% 0 Dec 1, 2021 Common Stock 371K 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.