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

Signature
/s/ Ellery W. Roberts
Issuer symbol
EFSH
Transactions as of
24 Feb 2022
Net transactions value
+$11,001
Form type
4
Filing time
01 Mar 2022, 11:00:38 UTC
Previous filing
02 Dec 2021
Next filing
22 Apr 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 $11,001 +3,667 $3.00 3,667 24 Feb 2022 Common Shares Direct F1, F2
transaction EFSH Warrant to Purchase Common Shares Purchase $0 +3,667 $0.000000 3,667 24 Feb 2022 Common Shares 3,667 $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.