Brett Hoge - Dec 13, 2024 Form 4 Insider Report for Sacks Parente Golf, Inc. (SPGC)

Role: Director
Signature: /s/ Brett Hoge
Stock symbol: SPGC
Transactions as of: Dec 13, 2024
Transactions value $: $30,000
Form type: 4
Date filed: 12/18/2024, 06:12 PM
Previous filing: Dec 16, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SPGC	Common Stock	Purchase	$30K	+25K	+13.44%	$1.20	211K	Dec 13, 2024	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SPGC	Series A Warrants	Award	$0	+25K	$0.00	25K	Dec 13, 2024	Common	25K	$2.40	Direct	F1
transaction	SPGC	Series B Warrants	Award	$0	+25K	$0.00	25K	Dec 13, 2024	Common	25K	$2.40	Direct	F1
holding	SPGC	Options to Purchase Common Stock					8K	Dec 13, 2024	Common	8K	$6.72	Direct
holding	SPGC	Options to Purchase Common Stock					3K	Dec 13, 2024	Common	3K	$10.00	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 13, 2024, the reporting person purchased 25,000 Units with each Unit consisting of one share of common stock, one warrant to purchase one share of common stock at an exercise price of $2.40 per share which will expire on the five-year anniversary of the date that the Company obtains stockholder approval (the "Series A Warrants"), and one warrant to purchase one share of common stock at an exercise price of $2.40 per share or pursuant to an alternative cashless exercise option, which warrant will expire on the two and one-half anniversary of the date of the warrant stockholder approval (the "Series B Warrants"). Both the Series A Warrants and Series B Warrants contain provisions relating to the reset and/or adjustments of the exercise prices and a corresponding adjustment in the number of shares issuable as a result thereof.. The purchase price per Unit was $1.20.

Content

On December 13, 2024, the reporting person purchased 25,000 Units with each Unit consisting of one share of common stock, one warrant to purchase one share of common stock at an exercise price of $2.40 per share which will expire on the five-year anniversary of the date that the Company obtains stockholder approval (the "Series A Warrants"), and one warrant to purchase one share of common stock at an exercise price of $2.40 per share or pursuant to an alternative cashless exercise option, which warrant will expire on the two and one-half anniversary of the date of the warrant stockholder approval (the "Series B Warrants"). Both the Series A Warrants and Series B Warrants contain provisions relating to the reset and/or adjustments of the exercise prices and a corresponding adjustment in the number of shares issuable as a result thereof.. The purchase price per Unit was $1.20.