Tom J. Berman - Nov 10, 2021 Form 4 Insider Report for Nano Magic Holdings Inc. (NMGX)

Role
President & CEO, Director
Signature
/s/ Tom J. Berman
Stock symbol
NMGX
Transactions as of
Nov 10, 2021
Transactions value $
$0
Form type
4
Date filed
11/12/2021, 05:25 AM
Next filing
Dec 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NMGX Common Stock Other +48.3K +14.35% 385K Nov 10, 2021 Direct F1
transaction NMGX Common Stock Other -48.3K -11.15% 385K Nov 10, 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 +481K +16.56% 3.39M Nov 10, 2021 Common stock 481K $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, LLC ("Comeback") and 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 the Comeback and Comeback 2 operating agreements.
F2 Total includes shares owned directly and indirectly.
F3 Warrants are presently exercisable
F4 Warrants held by Comeback will expire on five different dates: earliest on 10/15/2022, and last on 6/27/2023. Warrants held by Comeback 2 will expire on six different dates: earliest on 9/6/2023, and last on 3/26/2024.
F5 Indirect interest in stock and warrants held by Comeback and Comeback 2 changed as a result of distributions reflected in Table I that allow reporting person to share in carried interest. No consideration was paid or received. Total in column 7 of Table 1 and column 11 of Table II include securities held directly and indirectly.