Anthony Evers - 01 Jul 2024 Form 4 Insider Report for SurgePays, Inc. (SURG)

Signature
/s/ Anthony Evers
Issuer symbol
SURG
Transactions as of
01 Jul 2024
Net transactions value
-$110,324
Form type
4
Filing time
03 Jul 2024, 18:31:02 UTC
Previous filing
04 Jun 2024
Next filing
12 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SURG Restricted Shares (Common Stock) Award $0 +66,667 +46% $0.000000 210,673 01 Jul 2024 Direct F1, F2
transaction SURG Shares of Common Stock Sale $110,324 -36,667 -17% $3.01 174,006 03 Jul 2024 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock award vesting as to 66,667 RSAs on September 1, 2024.
F2 Includes restricted stock awards in the amount of (i) 66,667 vested on July 1, 2024, and (ii) 66,667 vesting on August 1, 2024.
F3 The purpose of the sale is solely to cover taxes with vesting of restricted share awards.
F4 Based upon shares sold at a high price of $3.08, a low price of $2.96, and an average of $3.0088. The full breakdown of the prices for all shares sold will be provided at the request of the SEC.