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

Signature
/s/ Anthony Evers
Issuer symbol
SURG
Transactions as of
01 Sep 2024
Net transactions value
-$56,133
Form type
4
Filing time
04 Sep 2024, 12:17:31 UTC
Previous filing
05 Aug 2024
Next filing
03 Oct 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 +29% $0.000000 294,924 01 Sep 2024 Direct F1, F2
transaction SURG Shares of Common Stock Sale $51,254 -33,334 -11% $1.54 261,590 03 Sep 2024 Direct F3, F4
transaction SURG Shares of Common Stock Sale $4,878 -3,333 -1.3% $1.46 258,257 04 Sep 2024 Direct F3
* 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 November 1, 2024.
F2 Includes restricted stock awards in the amount of (i) 66,667 vested on July 1, 2024, (ii) 66,667 vested on August 1, 2024, (iii) 66,667 vested on September 1, 2024, and (iv) 66,667 vesting on October 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 $1.62, a low price of $1.50, and an average of $1.5376. The full breakdown of the prices for all shares sold will be provided at the request of the SEC.