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

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/Ben Slager
Issuer symbol
BIOF
Transactions as of
31 Dec 2024
Net transactions value
$0
Form type
4
Filing time
31 Dec 2024, 15:42:29 UTC
Previous filing
03 Jun 2022
SEC
View on sec.gov

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 +826,446 +7.2% $0.000000 12,266,446 31 Dec 2024 Stock 826,446 $0.1210 Direct
transaction BIOF Call Option Award $0 +826,446 +6.7% $0.000000 13,092,892 31 Dec 2024 Stock 826,446 $0.1210 Direct
transaction BIOF Call Option Award $0 +2,173,554 +17% $0.000000 15,266,446 31 Dec 2024 Stock 2,173,554 $0.1100 Direct
transaction BIOF Call Option Award $0 +2,173,554 +14% $0.000000 17,440,000 31 Dec 2024 Stock 2,173,554 $0.1100 Direct
transaction BIOF Call Option Award $0 +4,493,450 +26% $0.000000 21,933,450 31 Dec 2024 Stock 4,493,450 $0.1100 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.