Dss, Inc. - Dec 23, 2021 Form 4 Insider Report for SHARING SERVICES GLOBAL Corp (SHRG)

Role
10%+ Owner
Signature
/s/ Jason Grady, Chief Operating Officer
Stock symbol
SHRG
Transactions as of
Dec 23, 2021
Transactions value $
$6,000,000
Form type
4
Date filed
12/28/2021, 06:20 PM
Previous filing
Dec 17, 2021
Next filing
Jan 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHRG Common Stock Award $3M +50M +54.42% $0.06* 142M Dec 23, 2021 By Decentralized Sharing Systems, Inc. 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 SHRG Warrant to Purchase Shares of Class A Common Stock Award $3M +50M $0.06* 50M Dec 23, 2021 Class A Common Stock 50M $0.06 By Decentralized Sharing Systems, Inc. F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Issued pursuant to a Securities Purchase Agreement dated December 23, 2021 (the "Purchase Agreement") entered into between the Reporting Person's wholly-owned subsidiary, Decentralized Sharing Systems, Inc., a Nevada corporation ("Decentralized Sharing") and Sharing Services Global Corporation.
F2 Through the Reporting Person's wholly-owned subsidiary, Decentralized Sharing Systems, Inc., a Nevada corporation.
F3 In accordance with Instruction 4 to this Form, Column 9 reports only total beneficial ownership of the "class" of derivative security reported in Column 1. Warrants that have different exercise prices or expiration dates are not considered to be of the same "class."