Michael Stephen Seifert - 25 Sep 2023 Form 4 Insider Report for PSQ Holdings, Inc. (PSQH)

Role
Founder, President, CEO, Director, 10%+ Owner
Signature
/s/ Michael Seifert
Issuer symbol
PSQH
Transactions as of
25 Sep 2023
Net transactions value
-$9,553
Form type
4
Filing time
11 Dec 2024, 21:01:09 UTC
Previous filing
31 Jul 2023
Next filing
20 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSQH Class A Common Stock, par value $0.0001 per share Award $0 +82,500 $0.000000 82,500 25 Sep 2023 Direct F1
transaction PSQH Class A Common Stock, par value $0.0001 per share Award $0 +50,000 $0.000000 50,000 25 Sep 2023 By spouse F2, F3
transaction PSQH Class A Common Stock, par value $0.0001 per share Tax liability $9,553 -3,964 -7.9% $2.41 46,036 25 Sep 2024 By spouse F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities reported in Column 5 of Table I are restricted stock units ("RSU"). Each RSU represents a contingent right to receive one share of Class A common stock, par value $0.0001 per share (the "Class A Common Stock"). The 82,500 RSUs vest as follows: 27,500 RSUs vest on September 25, 2024, 27,500 RSUs vest on September 25, 2025, and 27,500 RSUs vest on September 25, 2026, subject to the terms and conditions of the RSU award and the Issuer's 2023 Stock Incentive Plan.
F2 The securities reported in Column 5 of Table I are RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the terms and conditions of the RSU award and the Issuer's 2023 Stock Incentive Plan.
F3 The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F4 Certain of the securities reported in Column 5 of Table I are RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the terms and conditions of the RSU award and the Issuer's 2023 Stock Incentive Plan.

Remarks:

In addition to the securities report above, the reporting person owns 3,213,678 shares of Class C common stock, par value $0.0001 per share (the "Class C Common Stock") of the Issuer, representing 100% of the outstanding Class C Common Stock.