Saleem Elmasri - 05 Sep 2024 Form 4 Insider Report for Bright Green Corp (BGXXQ)

Signature
/s/ Saleem Elmasri
Issuer symbol
BGXXQ
Transactions as of
05 Sep 2024
Net transactions value
-$14,313
Form type
4
Filing time
10 Sep 2024, 16:05:08 UTC
Previous filing
05 Sep 2024
Next filing
11 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BGXX Common Stock Sale $11,465 -57,211 -4.8% $0.2004 1,144,016 05 Sep 2024 Direct F1, F2, F3
transaction BGXX Common Stock Sale $2,848 -14,598 -1.3% $0.1951 1,129,418 06 Sep 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.