Omeed Malik - Dec 3, 2024 Form 4 Insider Report for PSQ Holdings, Inc. (PSQH)

Role
Former Director
Signature
/s/ Omeed Malik
Stock symbol
PSQH
Transactions as of
Dec 3, 2024
Transactions value $
-$1,317,000
Form type
4
Date filed
12/5/2024, 08:44 PM
Previous filing
Jun 7, 2024

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 PSQH Warrants Sale -$1.12M -1M -83.33% $1.12 200K Dec 3, 2024 Class A Common Stock, par value $0.0001 per share 1M $11.50 By Omeed Malik Advisors LLC F1, F2, F3
transaction PSQH Warrants Sale -$200K -200K -100% $1.00 0 Dec 5, 2024 Class A Common Stock, par value $0.0001 per share 200K $11.50 By Omeed Malik Advisors LLC F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Omeed Malik is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The price reported in Column 8 is a weighted average price. These Warrants were sold in multiple transactions at prices ranging from $1.00 to $1.42, inclusive. The reporting person undertakes to provide to PSQ Holdings, Inc., any security holder of PSQ Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Warrants sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2 The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
F3 The reported sale of Warrants occurred pursuant to a Rule 10b5-1 trading plan adopted by Omeed Malik Advisors LLC on November 21, 2023.