Brian Lance Klatsky - 20 Jun 2023 Form 4 Insider Report for OpenLocker Holdings, Inc. (OLKR)

Role
President, OpenLocker Inc., Director, 10%+ Owner
Signature
/s/ Brian Klatsky
Issuer symbol
OLKR
Transactions as of
20 Jun 2023
Net transactions value
+$6,630
Form type
4
Filing time
21 Jun 2023, 16:10:23 UTC
Previous filing
05 Oct 2022
SEC
View on sec.gov

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 Award $6,630 +9,895 +330% $0.6700 12,895 20 Jun 2023 Common Stock 9,895,000 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 On June 20, 2023, the issuer entered into a Subscription Agreement by and between the issuer and the reporting person pursuant to which the reporting person purchased 9,895 shares of Series A preferred stock for an aggregate purchase price of $2,667.

Remarks:

Brian Klatsky is President of OpenLocker Inc., an operating company and wholly owned subsidiary of the issuer.