Key facts
- This page summarizes James Edward Lee's Form 4 filing for Alfi, Inc..
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 09 Aug 2022, 18:45.
James Edward Lee - 05 Aug 2022 Form 4 Insider Report for Alfi, Inc.
- Reporting relationship
- Interim CEO, Director, 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 05 Aug 2022
- Net transaction value
- +$500,000
- SEC form
- 4
- Accepted by SEC
- 09 Aug 2022, 18:45:03 UTC
- Prior SEC filing
- 13 May 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ James Lee
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
James Edward Lee filed Form 4 for Alfi, Inc. on 09 Aug 2022.
Change
- Previous filing in this sequence was filed on 13 May 2022.
- Current net transaction value: +$500,000.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ALFIQ
transaction
Derivative
Warrant (right to buy)
Award
- Transaction value
- $0
- Shares
- +375,000
- Change %
- Price
- $0.000000
- Shares after
- 375,000
- Date
- 05 Aug 2022
- Ownership
- See Footnote
- Underlying class
- Common Stock
- Underlying amount
- 375,000
- Exercise price
- $1.51
- Footnotes
- F1, F2
ALFIQ
transaction
Derivative
Convertible Note
Award
- Transaction value
- $500,000
- Shares
- Change %
- Price
- Shares after
- $500,000
- Date
- 05 Aug 2022
- Ownership
- See Footnote
- Underlying class
- Common Stock
- Underlying amount
- 305,811
- Exercise price
- $1.64
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
The Warrant and Convertible Note were issued to Lee Aerospace, Inc. pursuant to, and in connection with, Amendment No. 2 to Credit and Security Agreement between Alfi, Inc. (as borrower) and Lee Aerospace, Inc. (as lender), dated August 5, 2022.
Footnote F2
The Warrant and Convertible Note were issued to, and are held directly by, Lee Aerospace, Inc. James Lee, a director of Alfi, Inc., may be deemed to beneficially own securities held by Lee Aerospace, Inc. by virtue of his control over Lee Aerospace, Inc. Mr. Lee disclaims beneficial ownership of the Alfi, Inc. securities held by Lee Aerospace, Inc. other than to the extent of his pecuniary interest in such securities.
Footnote F3
Reflects the number of shares of the Issuer's common stock issuable upon conversion of the $500,000 principal amount of the Convertible Note. Interest on the unpaid principal amount of the Convertible Note accrues at an annual rate of 6% through October 12, 2022 and an annual rate of 9% thereafter, except that in event of default additional penalty interest at an annual rate of 3% will accrue on borrowings through October 12, 2022. Unpaid interest accrued on the Convertible Note is also convertible into shares of the Issuer's common stock