Sandra K. McRee - Dec 30, 2022 Form 4 Insider Report for CareView Communications Inc (CRVW)

Role
COO
Signature
/s/ Sandra K. McRee
Stock symbol
CRVW
Transactions as of
Dec 30, 2022
Transactions value $
-$305,789
Form type
4
Date filed
1/4/2023, 05:54 PM
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 -$445K 0 Dec 30, 2022 Common Stock 856K $0.52 Direct F1, F2, F3
transaction CRVW Secured Convertible Note Disposed to Issuer -$161K 0 Dec 30, 2022 Common Stock 3.21M $0.05 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 $100K $100K Dec 30, 2022 Common Stock 10K $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 $605,789, 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 her representing an aggregate of 148,076 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).