Doreen Mcmorran - Jan 31, 2023 Form 4 Insider Report for SKINVISIBLE, INC. (SKVI)

Role: 10%+ Owner
Signature: /s/ Doreen McMorran
Stock symbol: SKVI
Transactions as of: Jan 31, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/2/2023, 04:35 PM

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	SKVI	Debt Conversion Rights	Conversion of derivative security	$0	+25.1M	+69794.31%	$0.00	25.2M	Jan 31, 2023	Common Stock	25.1M	$0.10	Direct	F1
transaction	SKVI	Debt Conversion Rights (Warrant)	Conversion of derivative security	$0	+12.6M	+49.93%	$0.00	37.7M	Jan 31, 2023	Common Stock	12.6M	$0.15	Direct	F1

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

Explanation of Responses:

Id	Content
F1	On January 31, 2023 the Issuer entered into a Debt Conversion Agreement with Ms. McMorran totaling $2,512,595. Under the terms of the Debt Conversion Agreement, Ms. McMorran has the right to convert the debt amount into common stock of the Issuer as well as a warrant agreement to purchase one share for every two shares acquired. The expiration date on the warrant is 3 years from the date of conversion.

Content

On January 31, 2023 the Issuer entered into a Debt Conversion Agreement with Ms. McMorran totaling $2,512,595. Under the terms of the Debt Conversion Agreement, Ms. McMorran has the right to convert the debt amount into common stock of the Issuer as well as a warrant agreement to purchase one share for every two shares acquired. The expiration date on the warrant is 3 years from the date of conversion.