Ginola Ltd - May 2, 2022 Form 4 Insider Report for EMAGIN CORP (EMAN)

Role
10%+ Owner
Signature
/s/ James O'Grady, Attorney-in-Fact
Stock symbol
EMAN
Transactions as of
May 2, 2022
Transactions value $
-$1,274
Form type
4
Date filed
12/30/2022, 08:15 PM
Previous filing
Apr 7, 2022
Next filing
Oct 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EMAN Common Stock Sale -$1.27K -1.43K -100% $0.89 0 May 2, 2022 By Flat Creek Fiduciary Management LLC, as Trustee F1
transaction EMAN Common Stock Conversion of derivative security $0 +1M $0.00 1M Dec 22, 2022 Direct
holding EMAN Common Stock 78.5K May 2, 2022 By Mount Union Corp. F2
holding EMAN Common Stock 57.4K May 2, 2022 By Chelsea Trust Company, as Trustee F3

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 EMAN Series B Convertible Preferred Stock Conversion of derivative security $0 -303 -37.73% $0.00 500 Dec 22, 2022 Common Stock 1M $0.30 Direct F4
transaction EMAN Series B Convertible Preferred Stock Other $0 -703 -100% $0.00* 0 Dec 22, 2022 Common Stock 2.33M $0.30 By Flat Creek Fiduciary Management LLC, as Trustee F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are solely owned by Flat Creek Fiduciary Management LLC, as trustee of a trust for the benefit of the sole member of the Reporting Person and his minor descendants ("Trustee"). The Reporting Person disclaims beneficial ownership of these securities, and this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities.
F2 These securities are held solely by Mount Union Corp. The Reporting Person disclaims beneficial ownership of these securities, and this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities.
F3 These securities are held solely by Chelsea Trust Company Limited, as Trustee. The Reporting Person disclaims beneficial ownership of these securities, and this Form 4 shall not be deemed an admission that the Reporting Person is the beneficial owner of these securities.
F4 The shares of Series B Convertible Preferred Stock were purchased on December 22, 2008 as part of a private placement with the Issuer in accordance with the Securities Purchase Agreement, dated December 18, 2008, between the Issuer and the holder. The shares of Series B Convertible Preferred Stock have the rights and preferences set forth on the Certificate of Designations of Series B Convertible Preferred Stock filed with the Secretary of State for the State of Delaware on December 19, 2008. The Series B Convertible Preferred Stock has a stated value of $1,000 per share and currently has a conversion price of $ 0.3022 per share.
F5 These securities were held solely by the Trustee for the benefit of the sole member of the Reporting Person and his minor descendants. The trust has been terminated and the securities have been distributed to a limited liability company of which the sole member of the Reporting Person is the sole member.

Remarks:

Ex. 24- Power of Attorney