William J. Reed - 29 Sep 2022 Form 4 Insider Report for Boon Industries, Inc.

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: N/A
Reported as of: 29 Sep 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 14 Oct 2022, 09:28:28 UTC
Prior SEC filing: 29 Sep 2022
Source filing: View source filing
Reporting owner signature: /s/ William J. Reed

Key filing fact

William J. Reed filed Form 4 for Boon Industries, Inc. on 14 Oct 2022.

Key facts

This page summarizes William J. Reed's Form 4 filing for Boon Industries, Inc..
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 14 Oct 2022, 09:28.

Change

Previous filing in this sequence was filed on 29 Sep 2022.
Current net transaction value: $0.

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 derivative securities

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

CSTF transaction Derivative

Series A Preferred Stock

Award

Transaction value
Shares: +500,000
Change %: +3333%
Price
Shares after: 515,000
Date: 29 Sep 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,500,000,000
Exercise price
Footnotes: F1, 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

Each share of Series A Preferred Stock has a stated value of $10.00 and is convertible into that number of shares of common stock equal to $10.00 divided by the closing market price of the common stock on the day of conversion. The amount of shares of common stock reported is based on the closing price of the common stock of $0.0004 on date of the event requiring this report.

Footnote F2

Each share of Series A Preferred Stock may be converted into common stock at any time, provided that a holder of Series A Preferred Stock may not convert their shares into more than 4.99% of the issued and outstanding shares of common stock.

Footnote F3

The shares were issued to the reporting person in consideration for the transfer to the issuer of all of the outstanding shares of Cal Care Grp, Inc.