David S. Briones - 14 May 2025 Form 4 Insider Report for Unique Logistics International, Inc. (UNQL)

Role: Director
Signature: /s/ David Briones
Issuer symbol: UNQL
Transactions as of: 14 May 2025
Net transactions value: -$716,110
Form type: 4
Filing time: 15 May 2025, 10:26:45 UTC
Previous filing: 10 Mar 2022
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Briones David S.	Director	C/O UNIQUE LOGISTICS INTERNATIONAL, INC., 154-09 146TH AVENUE THIRD FLOOR, JAMAICA	/s/ David Briones	14 May 2025	0001599831

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UNQL	Series A Convertible Preferred Stock	Disposed to Issuer	$716,110	-20,000	-100%	$35.81	0	14 May 2025	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Pursuant to the Agreement and Plan of Merger by and among Unique Logistics International, Inc., ("UNQL"), DP World Logistics US Holdings, Inc. ("Parent"), and Unique Merger Co., a wholly owned subsidiary of Parent, dated March 11, 2025, Unique Merger Co. merged with and into UNQL, with UNQL surviving as a wholly owned subsidiary of Parent. At the effective time of the merger, each share of Series A Convertible Preferred Stock converted into the right to receive a lump-sum cash payment equal to $0.0037 per share of Common Stock, multiplied by 9,677.1581, the number of shares of Common Stock issuable upon conversion of each Series A share pursuant to its Certificate of Designation, including applicable anti-dilution provisions.

Content

Pursuant to the Agreement and Plan of Merger by and among Unique Logistics International, Inc., ("UNQL"), DP World Logistics US Holdings, Inc. ("Parent"), and Unique Merger Co., a wholly owned subsidiary of Parent, dated March 11, 2025, Unique Merger Co. merged with and into UNQL, with UNQL surviving as a wholly owned subsidiary of Parent. At the effective time of the merger, each share of Series A Convertible Preferred Stock converted into the right to receive a lump-sum cash payment equal to $0.0037 per share of Common Stock, multiplied by 9,677.1581, the number of shares of Common Stock issuable upon conversion of each Series A share pursuant to its Certificate of Designation, including applicable anti-dilution provisions.