Gene Salkind - Nov 7, 2023 Form 4 Insider Report for Mobiquity Technologies, Inc. (MOBQ)

Role
Director, 10%+ Owner
Signature
/s/ Gene Salkind
Stock symbol
MOBQ
Transactions as of
Nov 7, 2023
Transactions value $
-$300,000
Form type
4
Date filed
11/9/2023, 02:41 PM
Previous filing
Nov 9, 2023
Next filing
Dec 19, 2023

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 MOBQ Common Stock Options Exercise -$300K 96.1K Nov 7, 2023 Common Stock 429K $0.70 Direct F2, F3
transaction MOBQ Preferred Stock Award +301K +10.73% 3.1M Nov 7, 2023 Common Stock 3.01M $5.00 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Not applicable.
F2 The derivative securities listed in Table II are derivative securities owned directly by Dr. Salkind and his wife and by the trust. Salkind has the right to convert $300,000 loan into common stock at $.70 per share or into the terms of a financing completed before November 30, 2023.
F3 Salkind and his trust invested an additional $1,200,000 plus converted the $300,000 principal loan plus interest of $3,495 (totaling$1,503,495) into shares of Series G Preferred Stock, convertible at holders option at any time into common stock at an effective price of $.50 per share.