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

Role
10%+ Owner
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, 07:33 PM
Previous filing
Sep 5, 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.