LAURA E. ANTHONY - 14 Dec 2021 Form 4 Insider Report for Descrypto Holdings, Inc. (OLKR)

Signature
/s/ Laura Anthony
Issuer symbol
OLKR
Transactions as of
14 Dec 2021
Net transactions value
+$27,010
Form type
4
Filing time
05 Oct 2022, 17:16:21 UTC
Previous filing
23 Nov 2021
Next filing
14 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLKR Common Stock, par value $0.0001 Purchase $25,000 +62,500 $0.4000 62,500 14 Dec 2021 By Leone Group, LLC 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 OLKR Series A Preferred Stock Other -71,040 -80% 17,760 18 Feb 2022 Common Stock, par value $0.0001 71,040,000 $0.000000 By Leone Group, LLC F1, F2, F3
transaction OLKR Series A Preferred Stock Award $2,010 +3,000 +17% $0.6700 20,760 05 Oct 2022 Common Stock, par value $0.0001 3,000,000 $0.000000 By Leone Group, LLC F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Laura Anthony is the sole owner of, and controls, Leone Group, LLC ("Leone").
F2 Each share of Series A preferred stock is convertible into 1,000 shares of the issuer's common stock at any time at the election of the holder.
F3 On February 18, 2022, the issuer entered into and closed a Redemption Agreement by and between the issuer and Leone. Pursuant to the terms of the Redemption Agreement, the issuer purchased, 80% of Leone's holdings of Series A preferred stock for an aggregate purchase price of $1.00.
F4 On October 5, 2022, the issuer entered into a Subscription Agreement by and between the issuer and Leone pursuant to which Leone purchased 3,000 shares of Series A preferred stock for an aggregate purchase price of $2,000, resulting in Leone owning 62,500 shares of common stock and 20,760 shares of Series A preferred stock.