Michael Friedman - May 11, 2022 Form 4/A - Amendment Insider Report for iMedia Brands, Inc. (IMBI)

Role
Director
Signature
/s/ Jonathan Zimmerman, Attorney-in-Fact
Stock symbol
IMBI
Transactions as of
May 11, 2022
Transactions value $
$600,001
Form type
4/A - Amendment
Date filed
6/10/2022, 06:29 PM
Date Of Original Report
May 13, 2022
Previous filing
Jun 11, 2021
Next filing
Jun 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IMBI Common Stock Award $600K +195K +19.81% $3.07* 1.18M May 11, 2022 Direct F1
holding IMBI Common Stock 147K May 11, 2022 By LLC

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 IMBI Warrants (right to buy) Award $0 +195K $0.00 195K May 11, 2022 Common Stock 195K $2.94 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amendment is being filed solely to indicate transaction code "A" for all transactions reported because all reported purchases from the issuer were approved by the board or a committee of non-employee directors in accordance with Rule 16b-3(d).
F2 Once issued, exercisable upon the effective date of an amendment to the issuer's articles of incorporation to increase the number of authorized shares of the issuer's common stock to at least 40 million shares (such date, the "Effective Date"), which requires receipt of shareholder approval (such approval, "Shareholder Approval"), until the earlier of (a) five years from the Effective Date and (b) six years from the date of warrant issuance.
F3 Represents warrants that are to be issued to the registrant within 180 days of the receipt of Shareholder Approval. The issuer committed to issue such warrants in connection with its direct registered offering.