Stewart Wallach - 20 Dec 2024 Form 4 Insider Report for CAPSTONE COMPANIES, INC. (CAPC)

Role
10%+ Owner
Signature
/s/ Stewart Wallach
Issuer symbol
CAPC
Transactions as of
20 Dec 2024
Net transactions value
$0
Form type
4
Filing time
26 Dec 2024, 14:15:28 UTC
Next filing
10 Feb 2025
SEC
View on sec.gov

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 CAPC Series B-1 Convertible Preferred Stock Purchase +419,609 +5595% 427,109 20 Dec 2024 Common 27,971,181 $0.6600 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Series B-1 Conv. Preferred Stock (B-1 Stock) issued to cancel $1,392,570 debt owed Stewart Wallach and $657,887 owed to Group Nexus LLC, a LLC controlled by Mr. Wallach. Conversion price based on bid of common stock on issuance date x 66.66. Each share of B-1 Stock converts to 66.66 shares of Common Stock. 134,631 shares of B-1 Stock reported above was issued to Group Nexus LLC.
F2 Expiration Date is blank because the derivative security does not have a stated expiration date or trigger event date for exercise.