Michael Gaubert - 22 Feb 2024 Form 4 Insider Report for Asset Entities Inc. (ASST)

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Matthew Krueger, Attorney-In-Fact
Issuer symbol
ASST
Transactions as of
22 Feb 2024
Net transactions value
$0
Form type
4
Filing time
22 Feb 2024, 16:00:20 UTC
Previous filing
09 Feb 2023
Next filing
06 Sep 2024
SEC
View on sec.gov

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 ASST Class A Common Stock Other $0 -122,565 -1.5% $0.000000 8,262,711 22 Feb 2024 Class B Common Stock 122,565 By Asset Entities Holdings, LLC F1, F2, F3
transaction ASST Class A Common Stock Other $0 -97,560 -1.2% $0.000000 8,165,151 22 Feb 2024 Class B Common Stock 97,560 By Asset Entities Holdings, LLC F1, F2, F3
transaction ASST Class A Common Stock Other $0 -97,560 -1.2% $0.000000 8,067,591 22 Feb 2024 Class B Common Stock 97,560 By Asset Entities Holdings, LLC F1, F2, F3
transaction ASST Class A Common Stock Other $0 -97,560 -1.2% $0.000000 7,970,031 22 Feb 2024 Class B Common Stock 97,560 By Asset Entities Holdings, LLC F1, F2, F3
transaction ASST Class A Common Stock Other $0 -291,662 -3.7% $0.000000 7,678,369 22 Feb 2024 Class B Common Stock 291,662 By Asset Entities Holdings, LLC F1, F2, F3
transaction ASST Class A Common Stock Other $0 -146,340 -1.9% $0.000000 7,532,029 22 Feb 2024 Class B Common Stock 146,340 By Asset Entities Holdings, LLC F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class A Common Stock is convertible into the issuer's Class B Common Stock on a 1-for-1 basis (a) at the holder's option or (b) upon certain transfers of such shares and has no expiration date.
F2 Pro rata distribution to direct and indirect owners of Asset Entities Holdings, LLC ("AEH") other than the reporting person, and upon distribution the shares of Class A Common Stock converted to shares of Class B Common Stock.
F3 Shares held of record by AEH. The reporting person disclaims beneficial ownership of the shares except to the extent of such person's pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.