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

Role: 10%+ Owner
Signature: /s/ Doreen McMorran
Issuer symbol: SKVI
Transactions as of: 31 Jan 2023
Net transactions value: $0
Form type: 4
Filing time: 02 Feb 2023, 16:35:11 UTC
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	SKVI	Debt Conversion Rights	Conversion of derivative security	$0	+25,125,950	+69794%	$0.000000	25,161,950	31 Jan 2023	Common Stock	25,125,950	$0.1000	Direct	F1
transaction	SKVI	Debt Conversion Rights (Warrant)	Conversion of derivative security	$0	+12,562,975	+50%	$0.000000	37,724,925	31 Jan 2023	Common Stock	12,562,975	$0.1500	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.