Marufur Syed Raza - 02 Aug 2024 Form 3 Insider Report for YERBAE BRANDS CORP. (YERBF)

Role
Director
Signature
/s/ Marufur Syed Raza
Issuer symbol
YERBF
Transactions as of
02 Aug 2024
Net transactions value
$0
Form type
3
Filing time
25 Feb 2025, 12:21:23 UTC
Next filing
25 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
holding YERBF Restricted Share Units 02 Aug 2024 Common 125,000 Direct F1
holding YERBF Convertible Debentures 02 Aug 2024 Common 50 $1.40 Direct F2
holding YERBF Warrants 02 Aug 2024 Common 35,700 $1.70 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents the right to receive, once vested, one common share in the capital of the Company. The RSUs vest 12 months from the date of the RSU Award.
F2 The principal amount of the convertible debenture matures on April 30, 2025 and bears interest at 6% per annum and is convertible into common shares at a conversion price of US$1.40 per common share.