Benjamin Slager - Dec 31, 2024 Form 4 Insider Report for BLUE BIOFUELS, INC. (BIOF)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/Ben Slager
Stock symbol
BIOF
Transactions as of
Dec 31, 2024
Transactions value $
$0
Form type
4
Date filed
12/31/2024, 03:42 PM
Previous filing
Jun 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 +7.22% $0.00 12.3M Dec 31, 2024 Stock 826K $0.12 Direct
transaction BIOF Call Option Award $0 +826K +6.74% $0.00 13.1M Dec 31, 2024 Stock 826K $0.12 Direct
transaction BIOF Call Option Award $0 +2.17M +16.6% $0.00 15.3M Dec 31, 2024 Stock 2.17M $0.11 Direct
transaction BIOF Call Option Award $0 +2.17M +14.24% $0.00 17.4M Dec 31, 2024 Stock 2.17M $0.11 Direct
transaction BIOF Call Option Award $0 +4.49M +25.77% $0.00 21.9M Dec 31, 2024 Stock 4.49M $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 6 million with a 20 cent strike price, all that vest upon an uplisting to a major exchange or upon production commencement.