Kevin Brian Cox - 28 Dec 2022 Form 4 Insider Report for SurgePays, Inc. (SURG)

Role: CHIEF EXECUTIVE OFFICER, Director, 10%+ Owner
Signature: /s/ Kevin Brian Cox
Issuer symbol: SURG
Transactions as of: 28 Dec 2022
Net transactions value: $0
Form type: 4
Filing time: 30 Dec 2022, 15:05:32 UTC
Previous filing: 01 Sep 2022
Next filing: 16 Aug 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SURG	Common Stock, $0.001 par value per share	Conversion of derivative security	$0	+1,050,000	+30%	$0.000000	4,502,694	28 Dec 2022	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	SURG	Series A Preferred Stock	Conversion of derivative security	$0	-10,500,000	-100%	$0.000000^*	0	28 Dec 2022	Common Stock	1,050,000	$0.000000	BLC Family Investments LLC	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each ten shares of Series A Preferred Stock are convertible into one share of Common Stock of the Issuer. The Series A Preferred Stock does not have an expiration date on convertibility. The shares of Series A Preferred Stock are convertible for no additional consideration at the election of the holder.
F2	Kevin Brian Cox is the beneficial owner of BLC Family Investments LLC.