| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | BAER | Common Stock | Award | $1M | +202K | +2.69% | $4.95 | 7.72M | Apr 17, 2024 | See footnotes | F1, F2, F5 |
| holding | BAER | Common Stock | 695K | Apr 17, 2024 | See footnotes | F3, F5 | |||||
| holding | BAER | Common Stock | 1.9M | Apr 17, 2024 | See footnotes | F4, F5 | |||||
| holding | BAER | Common Stock | 1.16M | Apr 17, 2024 | Direct | F6 |
| Id | Content |
|---|---|
| F1 | The common shares reported on this Form 4 were purchased directly from the Issuer in a registered direct offering (the "RDO") at a price of $4.95, for an aggregate purchase price of $999,999.00 pursuant to a Securities Purchase Agreement (the "SPA") dated April 15, 2024. |
| F2 | These shares are held directly by Red Cloud Holding Investments, LLC, which is managed by the Reporting Person. |
| F3 | These shares are held directly by Matthew P. Sheehy Revocable Trust, of which the Reporting Person is the sole trustee. |
| F4 | These shares are held directly by ElementCompany, LLC, which is co-managed by the Reporting Person and Timothy P. Sheehy, Chief Executive Officer and a director of the Issuer. |
| F5 | The Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Act"), except to the extent of the Reporting Person's pecuniary interest therein, if any, and the filing of this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Act or for any other purpose. |
| F6 | Representing 813,019 RSUs that are vested and unsettled, and 348,436 RSUs are unvested and unsettled. |