Key facts
- This page summarizes Cory Gerald Hunt's Form 4 filing for Correlate Energy Corp. (CIPI).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 21 Jun 2024, 15:48.
Cory Gerald Hunt - 14 Jun 2024 Form 4 Insider Report for Correlate Energy Corp. (CIPI)
- Reporting relationship
- Director, 10%+ Owner
- Issuer ticker
- CIPI
- Reported as of
- 14 Jun 2024
- Net transaction value
- +$2,755,646,849
- SEC form
- 4
- Accepted by SEC
- 21 Jun 2024, 15:48:39 UTC
- Prior SEC filing
- 16 Feb 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Cory Hunt
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Cory Gerald Hunt filed Form 4 for Correlate Energy Corp. (CIPI) on 21 Jun 2024.
Change
- Previous filing in this sequence was filed on 16 Feb 2024.
- Current net transaction value: +$2,755,646,849.
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 non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
CIPI
transaction
Common Stock
Other
- Transaction value
- $369
- Shares
- +3,688,920
- Change %
- +127%
- Price
- $0.000100*
- Shares after
- 6,594,952
- Date
- 14 Jun 2024
- Ownership
- By P&C Ventures Inc.
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
CIPI
transaction
Derivative
Series A Preferred Stock
Other
- Transaction value
- $2,755,646,480
- Shares
- +1,660
- Change %
- +0.03%
- Price
- $1660014.00*
- Shares after
- 5,080,816
- Date
- 14 Jun 2024
- Ownership
- By P&C Ventures Inc.
- Underlying class
- Common Stock
- Underlying amount
- 1,952,958
- Exercise price
- $0.8500
- 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
In connection the conversion of debt, the Company issued a combination of common stock and preferred stock to the Reporting Person.
Footnote F2
The Series A Preferred Stock has an initial conversion price of $0.85 per share, subject to adjustment for stock splits and a floating rate conversion price thereafter at a 25% discount to the 3-day VWAP prior to conversion and will exist until the Preferred Stock is retired, converted in full or repaid in full. The floating rate conversion price shall be subject to an initial floor price of $0.10 per share and will be increased upon the occurrence of a reverse split of the Company's common stock, but shall not exceed $0.50 per share in connection with any such reverse split.
Footnote F3
Perpetual.