Amber Louise Spencer - Nov 13, 2024 Form 4 Insider Report for Damon Inc. (DMN)

Role
Chief Marketing Officer
Signature
/s/ Bal Bhullar, by Power of Attorney
Stock symbol
DMN
Transactions as of
Nov 13, 2024
Transactions value $
$0
Form type
4
Date filed
11/15/2024, 07:59 PM
Next filing
Dec 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DMN Common Shares Award +2.21K 2.21K Nov 13, 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 DMN Multiple Voting Shares Award +10.1K 10.1K Nov 13, 2024 Common Shares 10.1K By common law spouse F1, F2, F3
transaction DMN Multiple Voting Shares Award +1.38M 1.38M Nov 13, 2024 Common Shares 1.38M By Lime Dragon Holdings Corp. F1, F3, F4
transaction DMN Stock Option (Right to Buy) Award +526K 526K Nov 13, 2024 Common Shares 526K $0.95 By common law spouse F2, F5
transaction DMN Stock Option (Right to Buy) Award +11.8K 11.8K Nov 13, 2024 Common Shares 11.8K $1.23 Direct F5
transaction DMN Stock Option (Right to Buy) Award +31.6K 31.6K Nov 13, 2024 Common Shares 31.6K $0.95 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 13, 2024, Grafiti Holding Inc. (the "Company") consummated its business combination with Damon Motors Inc. pursuant to a Business Combination Agreement, dated October 23, 2024, among the Company, Damon Motors Inc., XTI Aerospace Inc. and 1444842 B.C. Ltd. (as amended, the "Business Combination Agreement"), following which the Company changed its name to "Damon Inc." These shares were acquired in exchange for certain securities held in Damon Motors Inc. immediately prior to the closing, which converted into common shares or Multiple Voting Shares of the Company pursuant to the Business Combination Agreement.
F2 The securities are held by Damon Jay Giraud, who is the Chief Executive Officer and a director of the Company and the common law spouse of the Reporting Person, and as such may be deemed to be beneficially held by the Reporting Person.
F3 The Multiple Voting Shares are convertible into common shares on a one-for-one basis at any time at the option of the holders thereof and automatically in certain other circumstances as set forth in the articles of the Company.
F4 The shares are owned by Lime Dragon Holdings Corp., of which Damon Jay Giraud, the Reporting Person's common law spouse, serves as sole director, and as such may be deemed to be beneficially held by the Reporting Person.
F5 This option was acquired in exchange for an option issued by Damon Motors Inc. pursuant to the Business Combination Agreement.