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

Role
Executive Chairman, Director, 10%+ Owner
Signature
/s/ Matthew Krueger, Attorney-In-Fact
Stock symbol
ASST
Transactions as of
Feb 22, 2024
Transactions value $
$0
Form type
4
Date filed
2/22/2024, 04:00 PM
Previous filing
Feb 9, 2023
Next filing
Sep 6, 2024

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 -123K -1.46% $0.00 8.26M Feb 22, 2024 Class B Common Stock 123K By Asset Entities Holdings, LLC F1, F2, F3
transaction ASST Class A Common Stock Other $0 -97.6K -1.18% $0.00 8.17M Feb 22, 2024 Class B Common Stock 97.6K By Asset Entities Holdings, LLC F1, F2, F3
transaction ASST Class A Common Stock Other $0 -97.6K -1.19% $0.00 8.07M Feb 22, 2024 Class B Common Stock 97.6K By Asset Entities Holdings, LLC F1, F2, F3
transaction ASST Class A Common Stock Other $0 -97.6K -1.21% $0.00 7.97M Feb 22, 2024 Class B Common Stock 97.6K By Asset Entities Holdings, LLC F1, F2, F3
transaction ASST Class A Common Stock Other $0 -292K -3.66% $0.00 7.68M Feb 22, 2024 Class B Common Stock 292K By Asset Entities Holdings, LLC F1, F2, F3
transaction ASST Class A Common Stock Other $0 -146K -1.91% $0.00 7.53M Feb 22, 2024 Class B Common Stock 146K 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.