Scott W. Absher - Oct 11, 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
Oct 11, 2023
Transactions value $
$0
Form type
4
Date filed
10/13/2023, 01:24 PM
Previous filing
Oct 10, 2023
Next filing
Oct 16, 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 Other +550K 550K Oct 11, 2023 Direct F1
transaction PIXY Common Stock, Par Value $0.0001 Per Share Other +1.72M +313.02% 2.27M Oct 12, 2023 Direct F2
transaction PIXY Common Stock, Par Value $0.0001 Per Share Gift -2.13M -93.62% 145K Oct 13, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Following a 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 Ronald McDonald House Charities, Inc., a tax-exempt charitable organization (the "Charity"), the Charity rejected 550,000 of the donated shares in order to assure that its holding was below 10% of the Issuer's total shares outstanding.
F2 Following a donation by the Reporting Person of 1,721,625 shares of the Issuer's Common Stock to the American Red Cross, a tax-exempt charitable organization, the American Red Cross rejected 1,721,625 of the donated shares.
F3 The Reporting Person donated 2,126,625 shares of the Issuer's Common Stock to the following tax exempt charitable organizations:(a) 550,000 of the Issuer's Common Stock to Hadassah, (b) 1,012,500 of the Issuer's Common Stock to Medical Teams International, (c) 337,500 of the Issuer's Common Stock to the National Center for Missing & Exploited Children, (d) 120,000 of the Issuer's Common Stock to International Justice Mission, and (e) 106,625 of the Issuer's Common Stock to Unbound.