Lynn Stockwell - 06 Feb 2023 Form 4 Insider Report for Bright Green Corp (BGXXQ)

Role
Director, 10%+ Owner
Signature
/s/ Lynn Stockwell
Issuer symbol
BGXXQ
Transactions as of
06 Feb 2023
Net transactions value
$0
Form type
4
Filing time
01 Jun 2023, 17:54:15 UTC
Previous filing
14 Feb 2023
Next filing
15 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BGXX Common Stock Other +22,005 +0.03% 69,083,475 06 Feb 2023 Direct F1
transaction BGXX Common Stock Gift $0 -3,000,000 -4.3% $0.000000 66,083,475 30 May 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 6, 2023, through a cashless conversion, a line of credit note between the Company and the Reporting Person was paid down $880,000 in exchange for 22,005 shares of the Company's common stock valued at $39.99 pursuant to the Company's EB-5 Program.
F2 This transaction involved a gift of securities by the Reporting Person to her child. The Reporting Person disclaims beneficial ownership of the shares held by her child, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of her child's shares for purposes of Section 16 or for any other purpose.