Damon Jay Giraud - 04 Dec 2024 Form 4 Insider Report for Damon Inc. (DMN)

Role
Former CEO and Chairman
Signature
/s/ Bal Bhullar, by Power of Attorney
Issuer symbol
DMN
Transactions as of
04 Dec 2024
Net transactions value
$0
Form type
4
Filing time
06 Dec 2024, 21:48:14 UTC
Previous filing
15 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DMN Common Shares Conversion of derivative security +10,142 10,142 04 Dec 2024 Direct F1
transaction DMN Common Shares Conversion of derivative security +1,381,039 1,381,039 04 Dec 2024 By Lime Dragon Holdings Corp. F1, F2
holding DMN Common Shares 2,211 04 Dec 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 -10,142 -100% 0 04 Dec 2024 Common Shares 10,142 Direct F1
transaction DMN Multiple Voting Shares Conversion of derivative security -1,381,039 -100% 0 04 Dec 2024 Common Shares 1,381,039 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.