Michael Zilkha - Mar 26, 2021 Form 4 Insider Report for Global Clean Energy Holdings, Inc. (GCEH)

Role
10%+ Owner
Signature
/s/ Michael Zilkha
Stock symbol
GCEH
Transactions as of
Mar 26, 2021
Transactions value $
$192,536
Form type
4
Date filed
5/14/2021, 11:57 AM
Next filing
Dec 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GCEH Common Stock Conversion of derivative security $476K +1.59M +37.11% $0.30 5.86M Mar 26, 2021 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 GCEH 5.97% Convertible Note Conversion of derivative security -$284K 0 Mar 26, 2021 Common Stock 1.59M $0.30 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The conversion price of the Convertible Note and the number of shares issued upon conversion were adjusted from the original conversion price of $0.03 to reflect the 1-for-10 reverse stock split effected by the Issuer on March 26, 2021. The convertible note had an outstanding balance of $476,036 on the date of conversion.
F2 The maturity date and conversion date were extended from time to time.