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

Signature
/s/ JAMIE YUNG, Attorney-in-Fact
Stock symbol
CRGE
Transactions as of
Nov 23, 2022
Transactions value $
-$195
Form type
4
Date filed
11/28/2022, 03:05 PM
Previous filing
Nov 17, 2022
Next filing
Feb 15, 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 $55.00 +100 $0.55 100 Nov 23, 2022 By spouse
transaction CRGE Common Stock, par value $0.0001 Gift $0 -100 -50% $0.00 100 Nov 23, 2022 By spouse F1
transaction CRGE Common Stock, par value $0.0001 Gift $0 +100 $0.00 100 Nov 23, 2022 Direct F1
transaction CRGE Common Stock, par value $0.0001 Sale -$250 -100 -100% $2.50 0 Nov 23, 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% $0.00 9.63M Nov 23, 2022 Common Stock 100 $0.55 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.