Christopher Davenport - Jan 31, 2022 Form 4 Insider Report for Auto Parts 4Less Group, Inc. (FLES)

Role
10%+ Owner
Signature
/s/ Christopher Davenport
Stock symbol
FLES
Transactions as of
Jan 31, 2022
Transactions value $
$1,978,667
Form type
4
Date filed
10/10/2023, 01:25 PM
Previous filing
Oct 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLES Common Stock Options Exercise $1.99M +758K $2.63* 758K Jan 31, 2022 Direct F1, F2

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 FLES Series C Preferred Stock Options Exercise -$16K -6.08K -0.79% $2.63* 758K Jan 31, 2022 Common Stock 758K $2.63 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 31, 2022, Christopher Davenport converted 6,075 shares of Series C Preferred Stock into 7,584,203 shares of Common Stock or 758,420 post-split shares.
F2 The Series C Preferred Stock have the right to convert into the common stock of the Company by multiplying the number of issued and outstanding shares of common stock by 2.63 on the conversion date.
F3 The shares of Series C Preferred Stock are convertible at any time by the holder as long as they are outstanding.