Newton W. Wilson III - Jul 7, 2023 Form 4 Insider Report for SMG Industries Inc. (SMGI)

Signature
/s/ Newton W. Dorsett
Stock symbol
SMGI
Transactions as of
Jul 7, 2023
Transactions value $
$3,158,949
Form type
4
Date filed
8/4/2023, 04:26 PM
Previous filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMGI Common Stock, par value $.001 Conversion of derivative security $79.7K +797K +30.63% $0.10 3.4M Jul 7, 2023 Direct
transaction SMGI Common Stock, par value $.001 Award $3.16M +12.6M +371.65% $0.25 16M Jul 7, 2023 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 SMGI Convertible Note Conversion of derivative security -$77.6K 0 Jul 7, 2023 Common Stock 797K $0.10 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock issued in exchange for the forgiveness of $3,156,863 in aggregate principal and interest due on unconvertible debt issued by SMG Industries, Inc.
F2 Includes shares of common stock issued upon the conversion of $2,083 in accrued, unpaid interest.