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

Role: Director
Signature: /s/ JAIMIE YUNG, Attorney-in-Fact
Stock symbol: CRGE
Transactions as of: Jun 15, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/20/2023, 05:20 PM
Previous filing: Jul 13, 2022

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	-1M	-100%	$0.00^*	0	Jun 15, 2023	Common Stock	1M	$2.90	Direct	F1
transaction	CRGE	Options, right to buy	Award	$0	+1M		$0.00	1M	Jun 15, 2023	Common Stock	1M	$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.