Craig Harper-Denson - 23 Nov 2022 Form 4 Insider Report for Charge Enterprises, Inc.

Signature
/s/ JAMIE YUNG, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
23 Nov 2022
Net transactions value
-$195
Form type
4
Filing time
28 Nov 2022, 15:05:33 UTC
Previous filing
17 Nov 2022
Next filing
15 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRGE Common Stock, par value $0.0001 Options Exercise $55 +100 $0.5500 100 23 Nov 2022 By spouse
transaction CRGE Common Stock, par value $0.0001 Gift $0 -100 -50% $0.000000 100 23 Nov 2022 By spouse F1
transaction CRGE Common Stock, par value $0.0001 Gift $0 +100 $0.000000 100 23 Nov 2022 Direct F1
transaction CRGE Common Stock, par value $0.0001 Sale $250 -100 -100% $2.50 0 23 Nov 2022 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 CRGE Options, right to buy Options Exercise $0 -100 -0% $0.000000 9,629,741 23 Nov 2022 Common Stock 100 $0.5500 By spouse F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of common stock 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.The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 1, 2022, modified on August 29, 2022.
F2 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) 4,379,741 shares, which vested on 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.