Patrizio Paul - Apr 20, 2022 Form 4 Insider Report for Driveitaway Holdings, Inc. (CLCN)

Role: Director, 10%+ Owner
Signature: /s/ Paul Patrizio, Individually
Stock symbol: CLCN
Transactions as of: Apr 20, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/29/2022, 03:44 PM
Previous filing: Mar 31, 2022
Next filing: Jun 20, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLCN	Common Stock	Options Exercise		+10.2M			10.2M	Apr 20, 2022	AEP Holdings, LLC	F1, F2

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	CLCN	Series A Convertible Preferred Stock	Conversion of derivative security		-300K	-100%		0	Apr 20, 2022	Common Stock	10.2M		AEP Holdings, LLC	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The common shares were acquired upon the voluntary conversion of Series A Convertible Preferred Stock held by the reporting person. Each share of Series A Convertible Preferred Stock was convertible into 33.94971 shares of common stock at the option of the holder, and mandatorily at the option of the company under certain circumstances.
F2	Paul Patrizio is the manager of AEP Holdings, LLC, and has voting control over shares owned by AEP Holdings, LLC, and may be deemed to have indirect beneficial ownership of all or a portion of the securities owned directly by AEP Holdings, LLC, but disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.