Anthony Santelli II - Dec 31, 2024 Form 4 Insider Report for BLUE BIOFUELS, INC. (BIOF)

Role
Chief Financial Officer, Director, 10%+ Owner
Signature
/s/Anthony Santelli II
Stock symbol
BIOF
Transactions as of
Dec 31, 2024
Transactions value $
$0
Form type
4
Date filed
12/31/2024, 03:40 PM
Previous filing
May 3, 2022

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 BIOF Call Option Award $0 +826K +8.23% $0.00 10.9M Dec 31, 2024 Stock 826K $0.12 Direct
transaction BIOF Call Option Award $0 +826K +8.19% $0.00 10.9M Dec 31, 2024 Stock 826K $0.12 Direct
transaction BIOF Call Option Award $0 +1.17M +10.75% $0.00 12.1M Dec 31, 2024 Stock 1.17M $0.11 Direct
transaction BIOF Call Option Award $0 +1.17M +9.71% $0.00 13.3M Dec 31, 2024 Stock 1.17M $0.11 Direct
transaction BIOF Call Option Award $0 +3.28M +24.73% $0.00 16.5M Dec 31, 2024 Stock 3.28M $0.11 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options above with an unknown exercisable date vest upon the sooner of revenue from the production of biofuels or the uplisting to a major exchange.

Remarks:

Beneficial ownership totals do not include 9 million unvested options, 5 million with a 10 cent strike price, and 4 million with a 20 cent strike price, all that vest upon an uplisting to a major exchange or upon production commencement. Beneficial ownership does not include derivative securities owned by entities controlled by Reporting Person, which are 3,625,000 warrants owned by AES Capital Resources, LP, and 600,000 warrants owned by AES Capital Partners, LP.