Jason C. Ayers - May 18, 2022 Form 4 Insider Report for FULLNET COMMUNICATIONS INC (FULO)

Role
President, Director, 10%+ Owner
Signature
Jason C Ayers
Stock symbol
FULO
Transactions as of
May 18, 2022
Transactions value $
$0
Form type
4
Date filed
5/18/2022, 10:12 AM
Previous filing
Feb 10, 2022
Next filing
Feb 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FULO Common Stock Exercise of in-the-money or at-the-money derivative security $2K +200K +7.56% $0.01* 2.84M May 18, 2022 Direct
transaction FULO Common Stock Exercise of in-the-money or at-the-money derivative security $2.44K +122K +4.28% $0.02* 2.97M May 18, 2022 Direct

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 FULO Stock Option Exercise of in-the-money or at-the-money derivative security -$2K -200K -66.67% $0.01* 100K May 18, 2022 Common Stock 300K $0.01 Direct F3
transaction FULO Stock Option Exercise of in-the-money or at-the-money derivative security -$2.44K -122K -100% $0.02* 0 May 18, 2022 Common Stock 270K $0.02 Direct
holding FULO Convertible Preferred Stock 77.6K May 18, 2022 Common Stock 77.6K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One share of preferred stock for one share of common stock.
F2 Not applicable.
F3 100,000 exercisable 2/28/2021; 100,000 exercisable 2/28/2022; 100,000 exercisable 2/28/2023.