Scott W. Absher - 25 Sep 2023 Form 4 Insider Report for ShiftPixy, Inc.

Signature
/s/ Scott W. Absher
Issuer symbol
N/A
Transactions as of
25 Sep 2023
Net transactions value
$0
Form type
4
Filing time
26 Sep 2023, 06:02:40 UTC
Previous filing
11 Sep 2023
Next filing
03 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PIXY Common Stock, Par Value $0.0001 Per Share Gift -8,608,125 -64% 4,744,234 25 Sep 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The disposition of the subject shares reflects the donation by the Reporting Person of 1,721,625 shares of the Issuer's Common Stock, Par Value $0.0001 Per Share ("Common Stock"), to each of the following 5 public charitable organizations: Ronald McDonald House Charities, Inc., Samaritan's Purse, Compassion International, Inc., American Red Cross, and World Vision, Inc.
F2 Excludes 13 shares of Common Stock underlying options exercisable within 60 days of September 25, 2023; in addition, assumes full exercise of an option that is exercisable (conditioned on the Issuer's completion of a reverse stock split and the Reporting Person's donation of between 5 and 10% of his shares of Common Stock to charitable organizations) for 4,744,234 shares of the Issuer's Preferred Class A Stock, which are convertible for 4,744,234 shares of Common Stock, and accordingly includes such shares.