| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CRGE | Common Stock, par value $0.0001 | Options Exercise | $46.5K | +84.5K | $0.55 | 84.5K | Sep 20, 2022 | By spouse | ||
| transaction | CRGE | Common Stock, par value $0.0001 | Gift | $0 | -84.5K | -50% | $0.00 | 84.5K | Sep 20, 2022 | By spouse | F2 |
| transaction | CRGE | Common Stock, par value $0.0001 | Gift | $0 | +84.5K | $0.00 | 84.5K | Sep 20, 2022 | Direct | F2 | |
| transaction | CRGE | Common Stock, par value $0.0001 | Sale | -$250K | -84.5K | -100% | $2.96 | 0 | Nov 7, 2022 | Direct | F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CRGE | Options, right to buy | Options Exercise | $0 | -84.5K | -89.76% | $0.00 | 9.64K | Sep 16, 2022 | Common Stock | 84.5K | $0.55 | By spouse | F1, F3 |
| Id | Content |
|---|---|
| F1 | The options were exercised by virtue of the Contract to Sell (obligation to sell) executed on August 29, 2022 between the Reporting Person and an unaffiliated third party buyer, which was reported on the Form 4 filed by the Reporting Person on August 31, 2022. The terms of the Contract to Sell determine the timing and pricing of each of the four transactions transferring Common Stock from Reporting Person to the buyer, and neither the Reporting Person nor the buyer has any control over such timing or pricing. The information in this Form 4 is being filed to disclose the number of shares of Common Stock transferred in connection with the September 30, 2022 transfer. |
| F2 | The sale price reported in Column 4 is the equivalent of the 95% of the volume weighted average price of the Issuer's Common Stock for the 75 days immediately preceding the 15th of September, 2022. The shares issued upon exercise of the option were gifted to the Reporting Person by Reporting Person's spouse and Reporting Person, as direct owner, disposed of the shares. |
| F3 | 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 the remaining shares issuable upon exercise is: (i) 4,388,041 shares, which vested November 1, 2021; (ii) 2,625,000 shares, which vested on November 1, 2022; and (iii) 2,625,000 shares will vest on November 1, 2023. |