Jeffrey C. Lightcap - Mar 30, 2023 Form 4 Insider Report for CareView Communications Inc (CRVW)

Role
Director
Signature
/s/ Jeffrey C. Lightcap
Stock symbol
CRVW
Transactions as of
Mar 30, 2023
Transactions value $
-$1,400,000
Form type
4
Date filed
3/31/2023, 04:21 PM
Previous filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRVW Common Stock Options Exercise $650K +6.5M +1300% $0.10* 7M Mar 30, 2023 Direct F1
transaction CRVW Common Stock Options Exercise -$700K -7M -50% $0.10* 7M Mar 30, 2023 See footnote F1, F2

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 CRVW Replacement Note Conversion of derivative security -$650K 0 Mar 30, 2023 Common Stock 6.5M $0.10 Direct F3, F4
transaction CRVW Replacement Note Conversion of derivative security -$700K 0 Mar 30, 2023 Common Stock 7M $0.10 See footnote F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 30, 2023, the Reporting Persons converted Replacement Notes dated December 30, 2022 for an aggregate of $1,750,000 into an aggregate of 17,500,000 shares of the Company's Common Stock at a conversion price of $0.10 per share.
F2 Shares held by PENSCO Trust Company, LLC, not in corporate capacity but solely as Custodian for Individual Retirement Account of Jeffrey C. Lightcap.
F3 The Replacement Note was convertible immediately after issuance.
F4 See footnote 1.