CP BF Lending, LLC - Oct 17, 2024 Form 4 Insider Report for Banzai International, Inc. (BNZI)

Role
10%+ Owner
Signature
CP BF Lending, LLC, By: /s/ Brad Shain, President
Stock symbol
BNZI
Transactions as of
Oct 17, 2024
Transactions value $
-$2,614,101
Form type
4
Date filed
10/21/2024, 09:44 PM
Previous filing
Oct 21, 2024
Next filing
Oct 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BNZI Class A Common Stock Sale -$120K -25.5K -7.71% $4.70 305K Oct 17, 2024 Direct F1
transaction BNZI Class A Common Stock Sale -$138K -37.1K -12.15% $3.73 268K Oct 17, 2024 Direct F1
transaction BNZI Class A Common Stock Exercise of in-the-money or at-the-money derivative security $30.50 +305K +113.59% $0.00 573K Oct 17, 2024 Direct F1
transaction BNZI Class A Common Stock Sale -$1.98M -458K -79.98% $4.32 115K Oct 17, 2024 Direct F1
transaction BNZI Class A Common Stock Sale -$393K -115K -100% $3.43 4 Oct 17, 2024 Direct F1
transaction BNZI Class A Common Stock Conversion of derivative security $145K +37.3K +932500% $3.89 37.3K Oct 18, 2024 Direct F1
transaction BNZI Class A Common Stock Sale -$128K -37.3K -99.99% $3.43 4 Oct 18, 2024 Direct F1

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 BNZI Common Stock Warrants (right to buy) Exercise of in-the-money or at-the-money derivative security $0 -305K -100% $0.00 0 Oct 17, 2024 Class A Common Stock 305K $0.00 Direct F1, F2
transaction BNZI Convertible Note Conversion of derivative security $0 -37.3K -1.64% $0.00 2.24M Oct 18, 2024 Class A Common Stock 37.3K $3.89 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Brad Shain may be deemed to have beneficial ownership of the shares held directly by CP BF Lending, LLC. Mr. Shain disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
F2 No expiration date.
F3 The maturity date of the convertible note will be February 19, 2027 or, if earlier, the date on which the consolidated convertible loan becomes due and payable pursuant to the terms of the convertible note or any other loan document.