Color Up, LLC - 26 Jul 2024 Form 4 Insider Report for Mobile Infrastructure Corp (BEEP)

Role
Director, Other*, 10%+ Owner
Signature
Color Up, LLC, by Manuel Chavez, III, its manager /s/ Manuel Chavez, III
Issuer symbol
BEEP
Transactions as of
26 Jul 2024
Net transactions value
$0
Form type
4
Filing time
29 Jul 2024, 17:21:11 UTC
Previous filing
25 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BEEP Common Stock Other $0 -3,937,246 -100% $0.000000* 0 26 Jul 2024 Direct F1

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 BEEP Warrants (Right to Buy) Other $0 -2,553,192 -100% $0.000000* 0 26 Jul 2024 Common Stock 2,553,192 $7.83 Direct F1
transaction BEEP Common Units Other $0 -11,242,635 -100% $0.000000* 0 26 Jul 2024 Common Stock 11,242,635 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Color Up, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The Reporting Person distributed these securities as part of a liquidating distribution to its members for no consideration.
F2 Represents common units of limited liability company interest ("Common Units") in Mobile Infra Operating Company, LLC, a Delaware limited liability company (the "Operating Company"). Subject to the terms and conditions of the limited liability company agreement of the Operating Company, Common Units are redeemable and may be exchanged, without consideration, by the holder of such Common Units for an equivalent number of shares of common stock of the Issuer or for the cash value of such shares, at the discretion of the Issuer. Common Units do not have an expiration date.

Remarks:

Manual Chavez III, Stephanie Hogue, and Jeffrey Osher are the managers of the Reporting Person. Reporting Person may be deemed to be a director-by-deputization for purposes of Section 16 under the Securities Exchange Act of 1934, as amended, by virtue of the fact that Mr. Chavez, Ms. Hogue, and Mr. Osher serve on the board of directors of the Issuer.