I-Pulse Inc. - 01 Dec 2022 Form 4 Insider Report for Ivanhoe Electric Inc. (IE)

Role
10%+ Owner
Signature
/s/ Sam Kenny
Issuer symbol
IE
Transactions as of
01 Dec 2022
Net transactions value
-$1,880,961
Form type
4
Filing time
01 Dec 2022, 16:21:39 UTC
Previous filing
11 Oct 2022
Next filing
28 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IE Common Stock Conversion of derivative security $103,305 -22,013 -0.23% $4.69 9,641,757 01 Dec 2022 Direct F1
transaction IE Common Stock Conversion of derivative security $1,279,228 -272,588 -2.8% $4.69 9,369,169 01 Dec 2022 Direct F1
transaction IE Common Stock Conversion of derivative security $50,918 -10,850 -0.12% $4.69 9,358,319 01 Dec 2022 Direct F1
transaction IE Common Stock Conversion of derivative security $63,711 -13,576 -0.15% $4.69 9,344,743 01 Dec 2022 Direct F1
transaction IE Common Stock Conversion of derivative security $74,852 -15,950 -0.17% $4.69 9,328,793 01 Dec 2022 Direct F1
transaction IE Common Stock Conversion of derivative security $170,174 -36,262 -0.39% $4.69 9,292,531 01 Dec 2022 Direct F1
transaction IE Common Stock Conversion of derivative security $68,948 -14,692 -0.16% $4.69 9,277,839 01 Dec 2022 Direct F1
transaction IE Common Stock Conversion of derivative security $69,826 -14,879 -0.16% $4.69 9,262,960 01 Dec 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Between August 3, 2021 and November 17, 2021, the reporting person issued convertible notes in the aggregate principal amount of $19,999,680 (the "I-Pulse Convertible Notes"). In accordance with their terms, certain of the holders of the I-Pulse Convertible Notes elected to exchange the I-Pulse Convertible Notes, including any accrued but unpaid interest, into shares of common stock of Ivanhoe Electric Inc. (the "Company") held by the reporting person at a price per share equal to the lesser of (A) 80% of the gross price per share at which common stock was sold in the qualifying IPO of the Company, and (B) $1.5643 per share of common stock, subject in each case to adjustment for any stock split, stock dividend, reverse stock split, or similar transactions.