Craig Harper-Denson - May 31, 2022 Form 4 Insider Report for Charge Enterprises, Inc. (CRGE)

Role
COO, CCO, Secretary, Director
Signature
/s/ JAMIE YUNG, Attorney-in-Fact
Stock symbol
CRGE
Transactions as of
May 31, 2022
Transactions value $
$0
Form type
4
Date filed
6/1/2022, 04:05 PM
Previous filing
Apr 11, 2022
Next filing
Jul 21, 2022

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 CRGE Options, right to buy Gift $0 -750K -7.14% $0.00 9.75M May 31, 2022 Common Stock 750K $0.55 By Spouse F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 1, 2020, the Reporting Person's spouse was issued a ten-year option to purchase 10,500,000 shares of common stock. The vesting schedule for such option is: (i) 5,250,000 shares vested November 1, 2021; (ii) 2,625,000 shares will vest on November 1, 2022; and (iii) 2,625,000 shares will vest on November 1, 2023. The Reporting Person's spouse transferred a portion of the option to purchase 750,000 shares of common stock as a gift to Reporting Person's adult children who do not share Reporting Person's or his spouse's household. The Reporting Person disclaims beneficial ownership of all securities held by such adult children, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Remarks:

Exhibit 24 - Limited Power of Attorney for Section 16 Reporting Obligations (filed herewith).