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

Signature
Jason C Ayers
Issuer symbol
FULO
Transactions as of
18 May 2022
Net transactions value
$0
Form type
4
Filing time
18 May 2022, 10:12:45 UTC
Previous filing
10 Feb 2022
Next filing
06 Feb 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 $2,000 +200,000 +7.6% $0.0100* 2,843,949 18 May 2022 Direct
transaction FULO Common Stock Exercise of in-the-money or at-the-money derivative security $2,437 +121,846 +4.3% $0.0200* 2,965,795 18 May 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 $2,000 -200,000 -67% $0.0100* 100,000 18 May 2022 Common Stock 300,000 $0.0100 Direct F3
transaction FULO Stock Option Exercise of in-the-money or at-the-money derivative security $2,437 -121,846 -100% $0.0200* 0 18 May 2022 Common Stock 270,000 $0.0200 Direct
holding FULO Convertible Preferred Stock 77,629 18 May 2022 Common Stock 77,629 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.