Benjamin Carson Jr. - 03 May 2024 Form 4 Insider Report for Charge Enterprises, Inc.

Role
Director
Signature
/s/ Jamie Yung, Attorney-In-Fact
Issuer symbol
N/A
Transactions as of
03 May 2024
Net transactions value
$0
Form type
4
Filing time
03 May 2024, 14:51:54 UTC
Previous filing
05 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRGE Common Stock Other $0 -101,720 -100% $0.000000* 0 03 May 2024 See footnote F1, F2, F3

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 CRGE Options, right to buy Other $0 0 $0.000000* 0 03 May 2024 Common Stock Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Benjamin Carson Jr. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On March 7, 2024, the Issuer voluntarily initiated proceedings under Chapter 11 of Title 11 of the United States Code in the U.S. Bankruptcy Court for the District of Delaware (the "Bankruptcy Court"), and on April 24, 2024, the Bankruptcy Court entered an order (the "Confirmation Order") confirming the Chapter 11 Plan of Reorganization of the Debtor in its Chapter 11 Case (the "Plan"). On May 3, 2024 (the "Effective Date"), the Plan was consummated and became effective in accordance with its terms and the Issuer emerged from the Chapter 11 Case.
F2 On the Effective Date, all of the Company's previously outstanding common stock, including all of the Issuer's equity award agreements under any incentive plan, options, warrants, rights, restricted stock units or other securities or agreements to acquire such common stock, were cancelled and extinguished pursuant to the Plan.
F3 Shares were held indirectly through Phoenix Family Holdings, LLC. Mr. Carson is the President of Phoenix Family Holdings, LLC and had voting and dispositive power over the shares held by this entity. The address for Phoenix Family Holdings LLC is 3804 Elmwood Towne Way, Alexandria, VA 22303.