Chester Billingsley - Jan 11, 2022 Form 4 Insider Report for Mentor Capital, Inc. (MNTR)

Role
Chief Executive Officer, Director, Principal Financial Officer
Signature
/s/ Chester Billingsley
Stock symbol
MNTR
Transactions as of
Jan 11, 2022
Transactions value $
$14,347
Form type
4
Date filed
1/11/2022, 08:30 PM
Previous filing
Nov 24, 2021
Next filing
Apr 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNTR Common Shares Exercise of in-the-money or at-the-money derivative security $9.62K +87.5K +10.08% $0.11* 955K Jan 11, 2022 Direct F1, F3
transaction MNTR Common Shares Exercise of in-the-money or at-the-money derivative security $4.73K +2.95K +0.31% $1.60* 958K Jan 11, 2022 Direct F2, F3

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 MNTR Series B Warrants Exercise of in-the-money or at-the-money derivative security $0 -87.5K -100% $0.00* 0 Jan 11, 2022 Common Stock 87.5K $0.11 Direct F1
transaction MNTR Series D Warrants Exercise of in-the-money or at-the-money derivative security $0 -2.95K -0.14% $0.00 2.05M Jan 11, 2022 Common Stock 2.95K $1.60 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 11, 2022 reporting person exercised 87,456 Series B Warrants for $0.11/share. The warrants were originally acquired on April 11, 2000 and were exercised as authorized according to the Company's Plan of Reorganization and under an exemption in 11 USC 1145.
F2 On January 11, 2022 reporting person exercised 2,594 Series D Warrants for $1.60/share. The warrants were originally acquired on April 11, 2000 and were exercised as authorized according to the Company's Plan of Reorganization and under an exemption in 11 USC 1145.
F3 On November 24, 2021 reporting person voluntarily reported early that pursuant to a single Rule 10b5-1 plan, exactly 208,000 shares would be sold between 11/23/2021 and 2/14/2022 that would result in 867,886 shares remaining.