Manuel Chavez III - 08 Jan 2025 Form 4 Insider Report for Mobile Infrastructure Corp (BEEP)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
10 Jan 2025, 16:05:22 UTC
Prior SEC filing
29 Jul 2024
Next SEC filing
17 Jun 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Manuel Chavez III

Key filing fact

Manuel Chavez III filed Form 4 for Mobile Infrastructure Corp (BEEP) on 10 Jan 2025.

Key facts

  • This page summarizes Manuel Chavez III's Form 4 filing for Mobile Infrastructure Corp (BEEP).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 10 Jan 2025, 16:05.

Change

  • Previous filing in this sequence was filed on 29 Jul 2024.
  • 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.

BEEP transaction Derivative

LTIP Units

Award

Transaction value
$0
Shares
+155,562
Change %
+14%
Price
$0.000000
Shares after
1,267,410
Date
08 Jan 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
155,562
Exercise price
Footnotes
F1, F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents units of limited liability company interest in Mobile Infra Operating Company, LLC, a Delaware limited liability company (the "Operating Company"). Subject to the terms and conditions of the Limited Liability Company Agreement of the Operating Company (the "OC Agreement") and the pertinent LTIP Unit agreement, following the date on which such LTIP Units vest, LTIP Units become convertible into common units of limited liability company interest ("Common Units") in the Operating Company at the option of a holder or the Issuer. LTIP Units do not have an expiration date.

Footnote F2

Each Common Unit is intended to have an economic interest equivalent to one share of common stock of the Issuer. Subject to the terms and conditions of the OC Agreement, Common Units are redeemable and may be exchanged, without consideration, by the holder of such Common Units for an equivalent number of shares of common stock or for the cash value of such shares, at the discretion of the Issuer.

Footnote F3

Granted to the Reporting Person in lieu of cash base salary for fiscal 2025 (as elected by the Reporting Person) and will vest in four equal installments on each of April 8, 2025, July 8, 2025, October 8, 2025, and January 8, 2026, subject to the Reporting Person's continued employment by the Issuer as of each such date.

Footnote F4

Consists of: (i) 769,973 vested LTIP Units, (ii) 67,751 LTIP Units vesting in equal installments on February 28, 2025 and February 28, 2026, (iii) 274,124 LTIP Units vesting in equal installments on January 10, 2025 and January 10, 2026, and (iv) 155,562 LTIP Units vesting in four equal installments on each of April 8, 2025, July 8, 2025, October 8, 2025, and January 8, 2026.

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