Jeffrey Osher - Nov 22, 2024 Form 4 Insider Report for Mobile Infrastructure Corp (BEEP)

Signature
/s/ Jeffrey Osher
Stock symbol
BEEP
Transactions as of
Nov 22, 2024
Transactions value $
$0
Form type
4
Date filed
11/25/2024, 04:35 PM
Previous filing
Oct 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BEEP Common Stock Conversion of derivative security +446K 446K Nov 22, 2024 By O Cincy Family II, LLC F1, F2
holding BEEP Common Stock 17.8M Nov 22, 2024 By HSCP Strategic III L.P. F3
holding BEEP Common Stock 2.15M Nov 22, 2024 By Harvest Small Cap Partners, L.P. F4
holding BEEP Common Stock 4.34M Nov 22, 2024 By Harvest Small Cap Partners Master, Ltd. F5
holding BEEP Common Stock 95K Nov 22, 2024 Direct

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 Common Units Conversion of derivative security $0 -446K -100% $0.00 0 Nov 22, 2024 Common Units 446K By O Cincy Family II, LLC F1, F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock received upon the redemption of an equal number of Common Units (as defined in footnote 6). $0.89 was paid to the Reporting Person in respect of the aggregate of 0.28 redeemed fractional shares.
F2 These securities are owned by O Cincy Family II, LLC ("O Cincy"). The Reporting Person is the manager of O Cincy. Accordingly, the Reporting Person may be deemed to be a beneficial owner of such securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.
F3 These securities are owned by HSCP Strategic III L.P. ("HS3"). The Reporting Person is the managing member of No Street Capital LLC, the managing member of Harvest Small Cap Partners GP, LLC, the general partner of HS3. Accordingly, the Reporting Person may be deemed to be a beneficial owner of such securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.
F4 These securities are owned by Harvest Small Cap Partners, L.P. ("HSCP"). The Reporting Person is the managing member of No Street Capital LLC, the managing member of Harvest Small Cap Partners GP, LLC, the general partner of HSCP. Accordingly, the Reporting Person may be deemed to be a beneficial owner of such securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.
F5 These securities are owned by Harvest Small Cap Partners Master, Ltd. ("HSCPM"). The Reporting Person is the managing member of No Street Capital LLC, the investment manager of HSCPM. Accordingly, the Reporting Person may be deemed to be a beneficial owner of such securities. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.
F6 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.