Brian Joseph Weis - 31 Dec 2021 Form 5 Insider Report for AmeriCrew Inc.

Signature
/s/ Brian Weis
Issuer symbol
N/A
Transactions as of
31 Dec 2021
Net transactions value
+$6,756,121
Form type
5
Filing time
14 Feb 2022, 15:21:36 UTC
Previous filing
05 Oct 2021
Next filing
28 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACRU Common Stock Options Exercise $3,860,641 +1,484,862 $2.60 1,484,862 01 Dec 2021 Direct
transaction ACRU Common Stock Options Exercise $2,895,480 +1,113,646 $2.60 1,113,646 01 Dec 2021 By Weis Exemption Trust

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 -296,972 -100% 0 01 Dec 2021 Common Stock 296,972 Direct F1, F2
transaction ACRU Series A Preferred Stock Options Exercise -222,729 -100% 0 01 Dec 2021 Common Stock 222,729 By Weis Exemption Trust 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.