James R. Higgins - Dec 30, 2022 Form 4 Insider Report for CareView Communications Inc (CRVW)

Role
Director, 10%+ Owner
Signature
/s/ James R. Higgins
Stock symbol
CRVW
Transactions as of
Dec 30, 2022
Transactions value $
-$1,116,367
Form type
4
Date filed
1/4/2023, 05:30 PM
Previous filing
Nov 21, 2022
Next filing
Mar 31, 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 CRVW Secured Convertible Note Disposed to Issuer -$1.11M 0 Dec 30, 2022 Common Stock 2.14M $0.52 Direct F1, F2, F3
transaction CRVW Secured Convertible Note Disposed to Issuer -$803K 0 Dec 30, 2022 Common Stock 16.1M $0.05 Direct F1, F2, F3
transaction CRVW Secured Convertible Note Disposed to Issuer -$306K 0 Dec 30, 2022 Common Stock 6.13M $0.05 Direct F1, F2, F3
transaction CRVW Secured Note Disposed to Issuer -$70.4K 0 Dec 30, 2022 N/A 0 $0.00 Direct F1, F2, F3
transaction CRVW Secured Note Disposed to Issuer -$324K 0 Dec 30, 2022 N/A 0 $0.00 Direct F1, F2, F3
transaction CRVW Secured Convertible Note Award $500K $500K Dec 30, 2022 Common Stock 50K $0.10 Direct F1, F2, F3
transaction CRVW Secured Convertible Note Award $500K $500K Dec 30, 2022 Common Stock 50K $0.10 Direct F1, F2, F3
transaction CRVW Secured Convertible Note Award $200K $200K Dec 30, 2022 Common Stock 20K $0.10 Direct F1, F2, F3
transaction CRVW Secured Convertible Note Award $50K $50K Dec 30, 2022 Common Stock 5K $0.10 Direct F1, F2, F3
transaction CRVW Secured Convertible Note Award $250K $250K Dec 30, 2022 Common Stock 25K $0.10 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 30, 2022, the reporting persons exchanged all outstanding notes issued under the Note and Warrant Purchase Agreement dated as of April 21, 2011, as amended, with an aggregate principal balance of $2,767,074 some of which notes had previously been amended to remove the conversion feature, for replacement notes in the indicated principal amounts with a conversion price of $0.10 per share. At the time, the reporting persons surrendered for cancellation all outstanding warrants held by them representing an aggregate of 1,682,692 shares, for no value, the reporting of which is exempt under Rule 16a-4(d) of the Exchange Act.
F2 Immediately exercisable.
F3 See footnote (1).