David E. Lazar - 18 Feb 2025 Form 4 Insider Report for FiEE, Inc. (MINM)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: MINM
Reported as of: 18 Feb 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 10 Mar 2025, 17:35:01 UTC
Prior SEC filing: 10 Feb 2025
Next SEC filing: 28 Feb 2025
Source filing: View source filing
Reporting owner signature: /s/ David E. Lazar

Key filing fact

David E. Lazar filed Form 4 for FiEE, Inc. (MINM) on 10 Mar 2025.

Key facts

This page summarizes David E. Lazar's Form 4 filing for FiEE, Inc. (MINM).
3 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 10 Mar 2025, 17:35.

Change

Previous filing in this sequence was filed on 10 Feb 2025.
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 non-derivative transactions

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

MINM transaction

Common Stock

Award

Transaction value
Shares: +1,200,000
Change %: +81%
Price
Shares after: 2,681,980
Date: 18 Feb 2025
Ownership: Direct
Footnotes: F1

Reported derivative securities

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

MINM transaction Derivative

Series A Convertible Preferred Stock

Sale

Transaction value
Shares: -2,219,447
Change %: -96%
Price
Shares after: 85,910
Date: 18 Feb 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,107,226
Exercise price
Footnotes: F2, F3, F4

MINM transaction Derivative

Warrants

Sale

Transaction value
Shares: -2,800,000
Change %: -100%
Price
Shares after: 0
Date: 18 Feb 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,800,000
Exercise price: $1.00
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Shares acquired pursuant to an Amended and Restated Securities Purchase Agreement (the "Purchase Agreement") by and among the Reporting Person, FiEE, Inc. (the "Issuer") and certain purchasers party thereto (the "Purchasers"), pursuant to which the Reporting Person (i) acquired 1,200,000 newly issued shares of common stock of the Issuer and (ii) sold (A) 2,219,447 shares of Series A Convertible Preferred Stock ("Series A Preferred Stock") and (B) a warrant to purchase up to an additional 2,800,000 shares of common stock, in exchange for an aggregate purchase price of $500,000 paid by the Purchasers to the Issuer, as fully set forth in the Purchase Agreement.

Footnote F2

The shares of Series A Preferred Stock are convertible at any time at the option of the holder for no additional consideration.

Footnote F3

The Series A Preferred Stock is perpetual and therefore has no expiration date.

Footnote F4

Shares sold pursuant to the Purchase Agreement by and among the Reporting Person, the Issuer and the Purchasers, pursuant to which the Reporting Person (i) acquired 1,200,000 newly issued shares of common stock of the Issuer and (ii) sold (A) 2,219,447 shares of Series A Preferred Stock and (B) a warrant to purchase up to an additional 2,800,000 shares of common stock, in exchange for an aggregate purchase price of $500,000 paid by the Purchasers to the Issuer, as fully set forth in the Purchase Agreement.

Footnote F5

Warrants sold pursuant to the Purchase Agreement by and among the Reporting Person, the Issuer and the Purchasers, pursuant to which the Reporting Person (i) acquired 1,200,000 newly issued shares of common stock of the Issuer and (ii) sold (A) 2,219,447 shares of Series A Preferred Stock and (B) a warrant to purchase up to an additional 2,800,000 shares of common stock, in exchange for an aggregate purchase price of $500,000 paid by the Purchasers to the Issuer, as fully set forth in the Purchase Agreement.