John Michael Johnson - May 29, 2024 Form 4 Insider Report for NEXT-ChemX Corporation. (CHMX)

Role: PRESIDENT, CFO, Director
Signature: /s/ John Michael Johnson
Stock symbol: CHMX
Transactions as of: May 29, 2024
Transactions value $: $57,473
Form type: 4
Date filed: 6/21/2024, 06:02 AM
Previous filing: Jul 13, 2022
Next filing: Oct 2, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CHMX	COMMON STOCK	Other	$0	+1.31M		$0.00	1.31M	Apr 27, 2021	see note	F1
transaction	CHMX	COMMON STOCK	Options Exercise	$41.3K	+41.3K		$1.00^*	41.3K	Jun 17, 2022	Direct
transaction	CHMX	COMMON STOCK	Options Exercise	$16.2K	+16.2K	+39.31%	$1.00^*	57.5K	Nov 12, 2022	Direct
transaction	CHMX	PREFERRED STOCK SERIES A	Award	$0	+10K		$0.00	10K	May 29, 2024	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The indirect beneficial ownership (founder shares) reflects an ownership interest of 5.5% of the share capital of a Texas corporation that is the controlling shareholder of NEXT-ChemX Corporation ("CHMX"), Nevada, the reporting issuer. The Texas controlling shareholder owns a total of 23,844,448 shares in the reporting issuer. The reporting person is also an Officer and Director of the Texas registered controlling shareholder.
F2	Each share of the Series A Preferred Stock is entitled to Five Hundred (500) votes on any matter on which any of the shareholders are required or permitted to vote. Each Series A Preferred Share (par value $0.001) shall be convertible at any time from and after issuance into Two Hundred Fifty (250) shares of the Corporation's Common Stock (par value $0.001). In the event that any shares of the Series A Preferred Stock are not converted into the Corporation's Common Stock on or before 5:00 P.M., Las Vegas, Nevada time January 1, 2026 then each such outstanding shares of the Series A Preferred Stock shall be automatically converted into Two Hundred Fifty (250) shares of the Corporation's Common Stock (par value $0.001).

Content

The indirect beneficial ownership (founder shares) reflects an ownership interest of 5.5% of the share capital of a Texas corporation that is the controlling shareholder of NEXT-ChemX Corporation ("CHMX"), Nevada, the reporting issuer. The Texas controlling shareholder owns a total of 23,844,448 shares in the reporting issuer. The reporting person is also an Officer and Director of the Texas registered controlling shareholder.

Each share of the Series A Preferred Stock is entitled to Five Hundred (500) votes on any matter on which any of the shareholders are required or permitted to vote. Each Series A Preferred Share (par value $0.001) shall be convertible at any time from and after issuance into Two Hundred Fifty (250) shares of the Corporation's Common Stock (par value $0.001). In the event that any shares of the Series A Preferred Stock are not converted into the Corporation's Common Stock on or before 5:00 P.M., Las Vegas, Nevada time January 1, 2026 then each such outstanding shares of the Series A Preferred Stock shall be automatically converted into Two Hundred Fifty (250) shares of the Corporation's Common Stock (par value $0.001).