Dennis P. Calvert - 31 Dec 2023 Form 4 Insider Report for BIOLARGO, INC. (BLGO)

Role
President, Director
Signature
/s/ John R. Browning, Attorney-in-fact
Issuer symbol
BLGO
Transactions as of
31 Dec 2023
Net transactions value
+$8,494
Form type
4
Filing time
03 Jan 2024, 19:55:47 UTC
Previous filing
26 Jul 2023
Next filing
16 Jul 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLGO Common stock Award $8,494 +50,557 +0.52% $0.1680 9,860,044 31 Dec 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,528,695 shares owned indirectly by Reporting Person through a limited liability company owned and controlled by Reporting Person.
F2 The shares issued are unvested and subject to a Lock-Up Agreement dated as of the issuance date whereby shares are locked-up and restricted from sale until January 1, 2026.
F3 Shares received from Issuer in exchange for a reduction in amounts owed by Issuer to Reporting Person for salary and unreimbursed business expenses (equal to the product of the number of shares issued and the acquisition price per share).