Nima Besharat - Oct 12, 2023 Form 3 Insider Report for Pineapple Financial Inc. (PAPL)

Role
Director
Signature
/s/ Nima Besharat
Stock symbol
PAPL
Transactions as of
Oct 12, 2023
Transactions value $
$0
Form type
3
Date filed
7/24/2024, 04:15 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PAPL Common Share 25.7K Oct 12, 2023 Break Point Ventures Ltd. F2

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 PAPL Stock Options Oct 12, 2023 Common Shares 157K $3.60 Break Point Ventures Ltd. F1, F2
holding PAPL Warrants Oct 12, 2023 Common Shares 12.8K $2.93 Break Point Ventures Ltd. F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options were issued to the Reporting Person, pursuant to 2022 Omnibus Equity Incentive Compensation Plan on November 3, 2023, the options are exercisable at $3.60 per share and vest over 2 years whereby 25% of the options granted vested on the date of grant, and the remaining unvested options vest in equal installments every 6 months thereafter.
F2 The shares beneficially owned by Break Point Ventures Ltd., an entity controlled by the Reporting Person.