Gottschalk Max's Form 4 filing
Perfect Moment Ltd. (PMNT) · filed Feb 14, 2024
- Accession no.
- 0001213900-24-014216
- Filed
- Feb 14, 2024, 6:06 PM ET
- Trade date
- Feb 12, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 5 non-derivative transactions and 3 derivative transactions. Open-market purchases total $199.2K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Gottschalk MaxCIK 0002009228 | Director, 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 12, 2024 | Common Stock | CConversionAcquired | +2,624,341 | –F1 | – | 3,650,957 | Indirect | Duplicate filing |
| Feb 12, 2024 | Common Stock | CConversionAcquired | +19,646 | –F1 | – | 3,670,603 | Indirect | Duplicate filing |
| Feb 12, 2024 | Common Stock | CConversionAcquired | +51,513 | –F2 | – | 3,722,116 | Indirect | Duplicate filing |
| Feb 12, 2024 | Common Stock | PPurchaseAcquired | +16,600 | $6.00 | +$99,600 | 3,738,716 | Direct | |
| Feb 12, 2024 | Common Stock | PPurchaseAcquired | +16,600 | $6.00 | +$99,600 | 3,755,316 | Indirect | Duplicate filing |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 12, 2024 | Common Stock | CConversionDisposed | −2,624,341 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
| Feb 12, 2024 | Common Stock | CConversionDisposed | −19,646 | $0.00 | $0 | 0 | Indirect | Duplicate filing |
| Feb 12, 2024 | Common Stock | CConversionDisposed | −51,513 | $0.00 | – | 0 | Indirect | Duplicate filing |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The Series A Convertible Preferred Stock automatically converted into Perfect Moment Ltd. common stock (the "Common Stock") on a 1-for-1 basis upon the closing of Perfect Moment Ltd.'s initial public offering ("IPO") on February 12, 2024.
Referenced by the price of 2 transactions in Table I.
- F2
The 8% Senior Subordinated Secured Convertible Promissory Note (the "Note") automatically converted into Common Stock upon the closing of the IPO into a number of shares of Common Stock equal to the quotient obtained by dividing (i) the principal amount, plus accrued and unpaid interest, owing under such Note through February 12, 2024 ($247,264.16) by (ii) $4.80 (80% of the IPO price per share of Common Stock).
Referenced by the price of 1 transaction in Table I.