Steven H. Madden - 30 Aug 2023 Form 4 Insider Report for SMG Industries Inc.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
13 Sep 2023, 18:03:21 UTC
Prior SEC filing
10 Aug 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Steven H. Madden

Key filing fact

Steven H. Madden filed Form 4 for SMG Industries Inc. on 13 Sep 2023.

Key facts

  • This page summarizes Steven H. Madden's Form 4 filing for SMG Industries Inc..
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 13 Sep 2023, 18:03.

Change

  • Previous filing in this sequence was filed on 10 Aug 2023.
  • Current net transaction value: +$610,000.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SMGI holding

Common Stock, par value $.001

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
14,013,090
Date
30 Aug 2023
Ownership
Direct
SMGI holding

Common Stock, par value $.001

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,699,710
Date
30 Aug 2023
Ownership
By Asphalt Transportation Inc.
SMGI holding

Common Stock, par value $.001

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
375,000
Date
30 Aug 2023
Ownership
By Madden Heritage Foundation
SMGI holding

Common Stock, par value $.001

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
70,245,796
Date
30 Aug 2023
Ownership
By Apex Heritage Investments LLC

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SMGI transaction Derivative

5% Series C Convertible Preferred Stock

Award

Transaction value
$610,000
Shares
+61
Change %
+12%
Price
$10000.00*
Shares after
561
Date
30 Aug 2023
Ownership
By Apex Heritage Investments LLC
Underlying class
Common Stock
Underlying amount
61
Exercise price
$0.2500
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

To the extent not already converted on the 24-month anniversary of the issuance date, the Company's 5% Series C Convertible Preferred Stock, par value $0.001 per share ("Series C Preferred Stock"), and any accrued dividends thereon will automatically convert into a number of shares of common stock equal to the quotient of (A) the sum of (x) the stated value of such share(s) of Series C Preferred Stock subject to automatic conversion plus any accrued dividends thereon and (B) the conversion price. The stated value of the Series C Preferred Stock is $10,000 per share.

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