Michael McLaren - Feb 15, 2023 Form 3 Insider Report for AMERICAN INTERNATIONAL HOLDINGS CORP. (AMIH)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Michael McLaren
Stock symbol
AMIH
Transactions as of
Feb 15, 2023
Transactions value $
$0
Form type
3
Date filed
4/13/2023, 05:29 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AMIH Common Stock 0 Feb 15, 2023 Direct

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
holding AMIH Series A Preferred Stock Feb 15, 2023 Common Stock 1M Direct F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Series A Preferred Stock has no expiration date.
F2 Represents 100% of the outstanding shares of Series A Preferred Stock of the Issuer.
F3 The Series A Preferred Stock may be converted into a number of shares of common stock of the Issuer equal to the holder's pro rata share of all Series A Preferred Stock then issued and outstanding, multiplied by (i) 60%, minus the aggregate percentage of the Issuer's outstanding common stock previously converted by holders of the Series A Preferred Stock, through such applicable date (currently zero), multiplied by (ii) the outstanding shares of Issuer common immediately after such conversion, divided by (iii) the total number of shares of Series A Preferred Stock then outstanding.
F4 No individual conversion by any individual holder of Series A Preferred Stock may be in an amount greater than 9.99% of the outstanding common stock of the Issuer on the date on which the holder delivers notice of such conversion to the Issuer.
F5 These shares are held directly by Marble Trital Inc., which is beneficially owned and controlled by Mr. Michael McLaren.