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

Role: CEO, Director, 10%+ Owner
Signature: /s/ Scott W. Absher
Stock symbol: PIXY
Transactions as of: Sep 25, 2023
Transactions value $: $0
Form type: 4
Date filed: 9/26/2023, 06:02 AM
Previous filing: Sep 11, 2023
Next filing: Oct 3, 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		-8.61M	-64.47%		4.74M	Sep 25, 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.

Content

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.

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.