Gregor Campbell - Nov 27, 2023 Form 4 Insider Report for Sacks Parente Golf, Inc. (SPGC)

Role
Executive Chairman, Director
Signature
/s/Gregor Campbell
Stock symbol
SPGC
Transactions as of
Nov 27, 2023
Transactions value $
$0
Form type
4
Date filed
7/26/2024, 06:01 PM
Previous filing
Aug 17, 2023
Next filing
Nov 22, 2024

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 SPGC Options to Purchase Common Stock Award $0 +400K $0.00 400K Jul 18, 2024 Common 400K $0.53 Direct F1
transaction SPGC Options to Purchase Common Stock Award $0 +48K $0.00 48K Dec 22, 2023 Common 48K $0.67 Direct F2
transaction SPGC Options to Purchase Common Stock Award $0 +230K $0.00 230K Nov 27, 2023 Common 230K $0.69 Direct F3
holding SPGC Options to Purchase Common Stock 48K Nov 27, 2023 Common 48K $1.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 18, 2024, the reporting person was granted options to purchase an aggregate of 400,000 shares vesting monthly over 36 months, commencing on July 18 2024 at an exercise price of $0.5340 per share. The term of the options is the earlier of the seventh anniversary of the date of grant, or six months from the reporting person's separation date.
F2 On December 22, 2023, the reporting person was granted options to purchase an aggregate of 48,000 shares vesting monthly over a three-year period commencing December 22, 2023 at an exercise price of $0.6720 per share.
F3 In connection with the reporting person's appointment as Executive Chairman of the Company's Board of Directors, on November 27, 2023, he was granted options to purchase an aggregate of 230,000 shares vesting monthly over a three-year period commencing November 27, 2023 at an exercise price of $0.6890 per share,