Jimmy Wayne Anderson - Mar 31, 2021 Form 4 Insider Report for GLOBAL TECHNOLOGIES LTD (GTLL)

Role: President, Director, Director
Signature: /s/ Jimmy Wayne Anderson
Stock symbol: GTLL
Transactions as of: Mar 31, 2021
Transactions value $: $1
Form type: 4
Date filed: 5/26/2021, 12:50 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GTLL	Common Stock	Disposed to Issuer	$0	-810M	-90%	$0.00	90M	Mar 31, 2021	Direct	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
transaction	GTLL	Series L Preferred Stock	Other	$0.18	+18		$0.01^*	18	Mar 31, 2021	Common stock	32.1M	$0.01	Direct	F1, F3, F4, F5
transaction	GTLL	Series L Preferred Stock	Other	$0.40	+40		$0.01^*	40	Mar 31, 2021	Common stock	71.4M	$0.01	By self as Managing Member	F2, F3, F4, F5

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

Explanation of Responses:

Id	Content
F1	During the year ended December 31, 2020 and the quarter ended March 31, 2021, Mr. Anderson returned a total 810,000,000 shares of common stock to the Company so that the shares could be used for corporate transactions. On March 31, 2021, the Company and Mr. Anderson agreed to exchange the shares of common stock due Mr. Anderson for shares of the Company's Series L Preferred Stock. Please see the Company's Quarterly Report for the period ended March 31, 2021 for further information.
F2	On March 1, 2021, the Company and Around the Clock Partners, LP ("ATC") agreed to exchange the outstanding principal and interest due on a Convertible Promissory Note issued to ATC dated July 27, 2018 for shares of the Company's Series L Preferred Stock. The reporting person is the managing member of ATC. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. Please see the Company's Quarterly Report for the period ended March 31, 2021 for further information.
F3	As of the date of this filing, Mr. Anderson owns 18 shares of the Company's Series L Preferred Stock directly and 50 shares indirectly (Around the Clock Partners, LP- 40 shares and Sylios Corp -10 shares). The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F4	Each share of the Company's Series L Preferred stock can be converted into shares of the Company's Class A Common stock based on the following formula: $5,000 divided by .70 times the lowest closing price of the Company's Class A Common Stock for the immediate five-day period prior to the receipt of the Notice of Conversion.
F5	The number of shares of common stock issuable upon conversion of the Series B Preferred Stock is based on a stock price of $0.004, which was the Closing stock price of the Company's common stock on May 25, 2021. The number of shares issuable upon conversion may increase or decrease based on the Closing stock price upon conversion of the Series B Preferred Stock.