Damon Jay Giraud - Dec 4, 2024 Form 4 Insider Report for Damon Inc. (DMN)

Role
Former CEO and Chairman
Signature
/s/ Bal Bhullar, by Power of Attorney
Stock symbol
DMN
Transactions as of
Dec 4, 2024
Transactions value $
$0
Form type
4
Date filed
12/6/2024, 09:48 PM
Previous filing
Nov 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DMN Common Shares Conversion of derivative security +10.1K 10.1K Dec 4, 2024 Direct F1
transaction DMN Common Shares Conversion of derivative security +1.38M 1.38M Dec 4, 2024 By Lime Dragon Holdings Corp. F1, F2
holding DMN Common Shares 2.21K Dec 4, 2024 By common law spouse F3

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 Conversion of derivative security -10.1K -100% 0 Dec 4, 2024 Common Shares 10.1K Direct F1
transaction DMN Multiple Voting Shares Conversion of derivative security -1.38M -100% 0 Dec 4, 2024 Common Shares 1.38M By Lime Dragon Holdings Corp. F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Damon Jay Giraud is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 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 Damon Inc. (the "Company"). On December 4, 2024, the reporting person resigned from all officer and director positions with the Company, triggering the automatic conversion of the Multiple Voting Shares beneficially owned by him into common shares.
F2 The common shares are owned by Lime Dragon Holdings Corp., of which the reporting person serves as sole director, and as such may be deemed to be beneficially held by the reporting person.
F3 The common shares are held by Amber Spencer, who is the Chief Marketing Officer 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.