Michael Robert Hebert - 26 Jan 2024 Form 4 Insider Report for PSQ Holdings, Inc. (PSQH)

Role: Chief Operating Officer
Signature: /s/ Nelson Mullins Riley & Scarborough LLP, Attorney-in-Fact
Issuer symbol: PSQH
Transactions as of: 26 Jan 2024
Net transactions value: -$36,849
Form type: 4
Filing time: 31 Jan 2025, 20:38:51 UTC
Previous filing: 05 Oct 2023
Next filing: 17 Nov 2025
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	+50,000		$0.000000	50,000	26 Jan 2024	Direct	F1, F2
transaction	PSQH	Class A Common Stock, par value $0.0001 per share	Award	$0	+11,453	+23%	$0.000000	61,453	18 Mar 2024	Direct	F2, F3
transaction	PSQH	Class A Common Stock, par value $0.0001 per share	Award	$0	+50,000	+81%	$0.000000	111,453	18 Mar 2024	Direct	F2, F4
transaction	PSQH	Class A Common Stock, par value $0.0001 per share	Tax liability	$7,502	-2,789	-2.5%	$2.69	108,664	01 Sep 2024	Direct	F2
transaction	PSQH	Class A Common Stock, par value $0.0001 per share	Options Exercise	$0	+16,666	+15%	$0.000000	125,330	25 Sep 2024	Direct	F2, F5
transaction	PSQH	Class A Common Stock, par value $0.0001 per share	Tax liability	$29,347	-12,177	-9.7%	$2.41	113,153	25 Sep 2024	Direct	F2
transaction	PSQH	Class A Common Stock, par value $0.0001 per share	Award	$0	+150,000	+133%	$0.000000	263,153	29 Jan 2025	Direct	F2, F6

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	Restricted Stock Unit	Options Exercise	$0	-16,666	-33%	$0.000000	33,334	24 Sep 2024	Class A Common Stock, par value $0.0001 per share	16,666		Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The grant of 50,000 restricted stock units ("RSUs") made to the reporting person on January 26, 2024, vests as follows: one-third of the restricted stock unit award vested on September 25, 2024, one-third of the restricted stock unit award will vest on September 25, 2025 and one-third of the restricted stock unit award will vest on September 25, 2026, subject to the Reporting Person's continued employment with the Issuer. Each RSU represents the contingent right to receive one share of the Issuer's Class A common stock, par value $0.0001 per share (the "Class A Common Stock") upon vesting of the unit.
F2	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.
F3	The grant of 11,453 RSUs made to the reporting person on March 18, 2024, vested in full on September 1, 2024.
F4	The grant of 50,000 RSUs made to the reporting person on March 18, 2024, vests as follows: one-third of the restricted stock unit award vested on September 25, 2024, one-third of the restricted stock unit award will vest on September 25, 2025 and one-third of the restricted stock unit award will vest on September 25, 2026, subject to the Reporting Person's continued employment with the Issuer. Each RSU represents the contingent right to receive one share of the Issuer's Class A Common Stock upon vesting of the unit.
F5	The grant of 50,000 RSUs made to the reporting person on September 25, 2023, vests as follows: one-third of the restricted stock unit award vested on September 25, 2024, one-third of the restricted stock unit award will vest on September 25, 2025 and one-third of the restricted stock unit award will vest on September 25, 2026, subject to the Reporting Person's continued employment with the Issuer. Each RSU represents the contingent right to receive one share of the Issuer's Class A Common Stock upon vesting of the unit.
F6	The securities reported in Column 4 of Table I are RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock. The 150,000 RSUs vest as follows: 50,000 RSUs vest on February 1, 2026, 50,000 RSUs vest on February 1, 2027, and 50,000 RSUs vest on February 1, 2028, subject to the terms and conditions of the RSU award and the Issuer's 2023 Stock Incentive Plan and subject to the Reporting Person's continued employment with the Issuer.