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

Role
Chief Experience Officer, 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

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASST Class B Common Stock Other $0 +123K +54.35% $0.00 348K Feb 22, 2024 Direct F1

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, F4
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 F2, F3, F4
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 F2, F3, F4
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 F2, F3, F4
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 F2, F3, F4
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 F2, F3, F4
transaction ASST Class A Common Stock Other $0 -7.68M -100% $0.00* 0 Feb 22, 2024 Class B Common Stock 7.53M By Asset Entities Holdings, LLC F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pro rata distribution from Asset Entities Holdings, LLC ("AEH"), of which the reporting person was an indirect owner prior to the transactions reported herein.
F2 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.
F3 Pro rata distribution from AEH to direct or indirect owners of AEH other than the reporting person, and upon distribution the shares of Class A Common Stock converted to shares of Class B Common Stock.
F4 Shares held of record by AEH. The reporting person was an indirect owner of AEH prior to the transactions reported herein.
F5 Following the transactions reported herein, the reporting person was no longer deemed to beneficially own any shares of the issuer that were held of record by AEH.