Glen R. Ives - Oct 12, 2022 Form 3 Insider Report for Castellum, Inc. (CTM)

Role: Chief Operating Officer
Signature: /s/ Glen Ives
Stock symbol: CTM
Transactions as of: Oct 12, 2022
Transactions value $: $0
Form type: 3
Date filed: 10/12/2022, 09:07 PM
Next filing: Apr 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CTM	Common Stock						188K	Oct 12, 2022	Direct

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
holding	CTM	Series C Preferred Stock							Oct 12, 2022	Common Stock	138K		Direct	F1
holding	CTM	Options							Oct 12, 2022	Common Stock	1.5M	$3.40	Direct	F2
holding	CTM	Options							Oct 12, 2022	Common Stock	500K	$1.60	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Mr. Ives is the holder of 220,000 shares of Series C Preferred Stock which is convertible into 137,500 shares of Common Stock.
F2	Mr. Ives holds a total of 2,000,000 stock options to purchase shares of Common Stock of which 559,524 stock options are exercisable and 1,440,463 are subject to vesting upon the passage of time and upon certain Company performance measures being met.