Dana Frank Green - 28 Nov 2022 Form 3 Insider Report for GlobalTech Corp (GLTK)

Signature
/s /Dana Green
Issuer symbol
GLTK
Transactions as of
28 Nov 2022
Net transactions value
$0
Form type
3
Filing time
28 Jun 2024, 16:15:39 UTC

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GLTK Common Stock 38,892 28 Nov 2022 Direct
holding GLTK Common Stock 9,219,860 28 Nov 2022 See footnote F1

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
holding GLTK Stock Option (Right to Buy) 28 Nov 2022 Common Stock 1,000,000 $0.000100 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held in the name of Entrada Enterprises LLC, a limited liability company controlled by the Reporting Person, and as such, the Reporting Person is deemed to beneficially own the securities held by Entrada Enterprises LLC. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.
F2 The Options vest at the rate of 1/5th of such options on each of the first five anniversaries of January 1, 2022, subject to the Reporting Person's continued service to the Issuer on such vesting dates.

Remarks:

The Issuer became subject to Section 12 reporting obligations on November 29, 2022.