Ellery Roberts - Feb 24, 2022 Form 4 Insider Report for 1847 Holdings LLC (EFSH)

Role: Chairman and CEO, Director, 10%+ Owner
Signature: /s/ Ellery W. Roberts
Stock symbol: EFSH
Transactions as of: Feb 24, 2022
Transactions value $: $11,001
Form type: 4
Date filed: 3/1/2022, 11:00 AM
Previous filing: Dec 2, 2021
Next filing: Apr 22, 2022

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	EFSH	Series B Senior Convertible Preferred Shares	Purchase	$11K	+3.67K		$3.00	3.67K	Feb 24, 2022	Common Shares			Direct	F1, F2
transaction	EFSH	Warrant to Purchase Common Shares	Purchase	$0	+3.67K		$0.00	3.67K	Feb 24, 2022	Common Shares	3.67K	$3.00	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Series B Convertible Preferred Share, plus all accrued and unpaid dividends thereon, is convertible at the option of the holder into such number of fully paid and nonassessable Common Shares determined by dividing the stated value of $3.00 per share, plus the value of the accrued, but unpaid, dividends thereon, by the conversion price on such conversion date. The conversion price is initially equal to $3.00 per share, subject to adjustments.
F2	The Series B Convertible Preferred Shares have no expiration date.

Content

Each Series B Convertible Preferred Share, plus all accrued and unpaid dividends thereon, is convertible at the option of the holder into such number of fully paid and nonassessable Common Shares determined by dividing the stated value of $3.00 per share, plus the value of the accrued, but unpaid, dividends thereon, by the conversion price on such conversion date. The conversion price is initially equal to $3.00 per share, subject to adjustments.

The Series B Convertible Preferred Shares have no expiration date.