Kimball Carr - Aug 29, 2023 Form 3 Insider Report for INSPIRE VETERINARY PARTNERS, INC. (IVP)

Role
Chief Executive Officer, President, Chair, Director
Signature
/s/ Kimball Carr
Stock symbol
IVP
Transactions as of
Aug 29, 2023
Transactions value $
$0
Form type
3
Date filed
9/28/2023, 05:59 PM
Next filing
Nov 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding IVP Class A Common Stock 72.7K Aug 29, 2023 Direct F1
holding IVP Class B Common Stock 333K Aug 29, 2023 Direct 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
holding IVP Warrant Aug 29, 2023 Class A Common Stock 50K $2.40 Direct F1, F3
holding IVP Class B Common Stock Aug 29, 2023 Class A Common Stock 333K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes and constitutes a Warrant to purchase 50,000 shares of Class A common stock issued to Mr. Carr in connection with his personal guaranty of certain loans to the issuer. The Warrant is exercisable from time to time and at any time, in whole or in part, by the holder thereof on a cash- or cashless-exercise basis.
F2 Each share of Class B common stock is entitled to the same rights applicable to each share of Class A common stock, except each share of Class B common stock is entitled to 25 votes per share of Class B common stock and is convertible at the option of the holder, at any time and from time to time, without the payment of additional consideration, into one share of Class A common stock.
F3 The Exercise Price of $2.40 is calculated by multiplying the $4.00 price per share of Class A common stock issued in the issuer's initial public offering by 0.60.

Remarks:

Chief Executive Officer, President, Chair