Cory Gerald Hunt - 13 Feb 2024 Form 4 Insider Report for Correlate Energy Corp. (CIPI)

Role: Director, 10%+ Owner
Signature: /s/ Cory Hunt
Issuer symbol: CIPI
Transactions as of: 13 Feb 2024
Net transactions value: +$576,508
Form type: 4
Filing time: 16 Feb 2024, 06:01:30 UTC
Previous filing: 11 Oct 2023
Next filing: 21 Jun 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CIPI	Common Stock	Options Exercise	$576,508	+2,306,032	+384%	$0.2500^*	2,906,032	13 Feb 2024	By: P&C Ventures Inc.

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	CIPI	Warrant	Disposed to Issuer	$0	-2,700,000	-46%	$0.000000	3,127,858	13 Feb 2024	Common Stock	2,700,000	$0.2500	By P&C Ventures Inc.

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

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).