Richard Lee Fink - 10 Nov 2021 Form 4 Insider Report for Nano Magic Holdings Inc. (NMGX)

Role: Pres, Applied Nanotech, Inc.
Signature: /s/ Richard Lee Fink
Issuer symbol: NMGX
Transactions as of: 10 Nov 2021
Net transactions value: $0
Form type: 4
Filing time: 12 Nov 2021, 05:21:57 UTC
Previous filing: 01 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NMGX	Common Stock	Other		+8,700	+8.9%		105,999	10 Nov 2021	Direct	F1
transaction	NMGX	Common Stock	Other		-8,700	-7.6%		105,999	10 Nov 2021	See Footnote	F1, F2

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	NMGX	Warrants	Other		-3,659	-25%		11,061	10 Nov 2021	Common stock	3,659	$1.50	See Footnote	F3, F4, F5

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

Explanation of Responses:

Id	Content
F1	Reporting person received an in-kind distribution from PEN Comeback 2, LLC ("Comeback 2"), increasing direct holdings and decreasing indirect holdings. Share of indirect holdings also changed because distribution triggered changed allocations under Comeback 2 operating agreement.
F2	Total includes shares owned directly and indirectly.
F3	Warrants are presently exercisable
F4	Warrants will expire on six different dates: earliest 9/6/2023, and last on 3/26/2024.
F5	Warrants are all held by Comeback 2. Reporting person's indirect interest was reduced by 25% under terms of Comeback 2 agreement without any action by him. No consideration was paid or received. Column 9 reflects changed indirect warrant ownership as a result of changed allocations under Comeback 2 operating agreement after distribution reflected in Table I. Total in column 9 includes options held directly.