Baron Davis - 15 Jun 2023 Form 4 Insider Report for Charge Enterprises, Inc.

Role: Director
Signature: /s/ JAIMIE YUNG, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 15 Jun 2023
Net transactions value: $0
Form type: 4
Filing time: 20 Jun 2023, 17:20:46 UTC
Previous filing: 13 Jul 2022
SEC: View on sec.gov

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	Disposed to Issuer	$0	-1,000,000	-100%	$0.000000^*	0	15 Jun 2023	Common Stock	1,000,000	$2.90	Direct	F1
transaction	CRGE	Options, right to buy	Award	$0	+1,000,000		$0.000000	1,000,000	15 Jun 2023	Common Stock	1,000,000	$2.90	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The two reported transactions involved an amendment of an outstanding option to extend the exercise period of the option, resulting in the cancellation of the "old" option and the grant of a replacement option. The option was originally granted on February 16, 2021 with a six year term and vesting in four equal installments on the anniversary of the grant date. The "new" amended option is immediately exercisable in full and has a five year term from the amendment date.

Content

The two reported transactions involved an amendment of an outstanding option to extend the exercise period of the option, resulting in the cancellation of the "old" option and the grant of a replacement option. The option was originally granted on February 16, 2021 with a six year term and vesting in four equal installments on the anniversary of the grant date. The "new" amended option is immediately exercisable in full and has a five year term from the amendment date.