Saleem Elmasri - Sep 5, 2024 Form 4 Insider Report for Bright Green Corp (BGXX)

Signature
/s/ Saleem Elmasri
Stock symbol
BGXX
Transactions as of
Sep 5, 2024
Transactions value $
-$14,313
Form type
4
Date filed
9/10/2024, 04:05 PM
Previous filing
Sep 5, 2024
Next filing
Sep 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BGXX Common Stock Sale -$11.5K -57.2K -4.76% $0.20 1.14M Sep 5, 2024 Direct F1, F2, F3
transaction BGXX Common Stock Sale -$2.85K -14.6K -1.28% $0.20 1.13M Sep 6, 2024 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected in open market transactions by the Reporting Person.
F2 Reflects the weighted average price of 57,211 shares of common stock of Bright Green Corporation (the "Issuer") sold by the Reporting Person in multiple transactions on September 5, 2024, with sales prices ranging from $0.2000 to $0.2011 per share. The Reporting Person undertakes to provide, upon request to the U.S. Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F3 Includes 600,000 restricted stock units, granted March 7, 2024, each representing a contingent right to receive one share of the Issuer's common stock, which vest in twelve equal installments beginning on month from the date of grant.
F4 Reflects the weighted average price of 14,598 shares of common stock of the Issuer sold by the Reporting Person in multiple transactions on September 6, 2024, with sales prices ranging from $0.1928 to $0.2020 per share. The Reporting Person undertakes to provide, upon request to the U.S. Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.