Chester Billingsley - Dec 14, 2023 Form 4 Insider Report for Mentor Capital, Inc. (MNTR)

Role: Chief Executive Officer, Director
Signature: /s/ Chester Billingsley
Stock symbol: MNTR
Transactions as of: Dec 14, 2023
Transactions value $: $40,000
Form type: 4
Date filed: 12/18/2023, 04:57 PM
Previous filing: Feb 27, 2023

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	$40K	+2M	+1583.58%	$0.02	2.13M	Dec 14, 2023	Direct	F1

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 D Warrants	Exercise of in-the-money or at-the-money derivative security	$0	-2M	-97.69%	$0.00	47.3K	Dec 14, 2023	Common Stock	2M	$0.02	Direct	F1

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

Explanation of Responses:

Id	Content
F1	On December 14, 2023, the reporting person exercised 2,000,000 Series D Warrants for $0.02/share. The warrants were originally issued 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.