Arman Sarkhani - Sep 10, 2024 Form 4 Insider Report for Asset Entities Inc. (ASST)

Role: Chief Operating Officer
Signature: /s/ Matthew Krueger, Attorney-In-Fact
Stock symbol: ASST
Transactions as of: Sep 10, 2024
Transactions value $: -$473,053
Form type: 4
Date filed: 9/16/2024, 07:31 PM
Previous filing: Sep 4, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASST	Class B Common Stock	Conversion of derivative security	$0	+256K		$0.00	256K	Sep 10, 2024	By Asset Entities Holdings, LLC	F1
transaction	ASST	Class B Common Stock	Sale	-$354K	-180K	-70.08%	$1.97	76.7K	Sep 12, 2024	By Asset Entities Holdings, LLC	F1, F2
transaction	ASST	Class B Common Stock	Sale	-$119K	-76.7K	-100%	$1.55	0	Sep 13, 2024	By Asset Entities Holdings, LLC	F1, F3
holding	ASST	Class B Common Stock						21.7K	Sep 10, 2024	Direct

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	Conversion of derivative security	$0	-256K	-17.02%	$0.00	1.25M	Sep 10, 2024	Class B Common Stock	256K		By Asset Entities Holdings, LLC	F1, F4

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

Explanation of Responses:

Id	Content
F1	Shares held of record by Asset Entities Holdings, LLC. 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.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.85 to $2.19, inclusive. The reporting person undertakes to provide to Asset Entities Inc., any security holder of Asset Entities Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.47 to $1.6701, inclusive. The reporting person undertakes to provide to Asset Entities Inc., any security holder of Asset Entities Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
F4	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.