Harper-Denson Craig's Form 4 filing
Charge Enterprises, Inc. (CRGE) · filed Aug 31, 2022
- Accession no.
- 0001654954-22-012019
- Filed
- Aug 31, 2022, 4:01 PM ET
- Trade date
- Aug 29-31, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 8 non-derivative transactions and 3 derivative transactions. Open-market sales total $40.2K. 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 |
|---|---|
| Harper-Denson CraigCIK 0001872307 | Director, Officer (COO, CCO, Secretary) |
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 |
|---|---|---|---|---|---|---|---|---|
| Aug 30, 2022 | Common Stock, par value $0.0001 | MOption exerciseAcquired | +7,500 | $0.55 | +$4,125 | 7,500 | Indirect | |
| Aug 30, 2022 | Common Stock, par value $0.0001 | GGiftDisposed | −7,500 | $0.00F2 | $0 | 7,500 | Indirect | |
| Aug 30, 2022 | Common Stock, par value $0.0001 | GGiftAcquired | +7,500 | $0.00F2 | $0 | 7,500 | Direct | |
| Aug 30, 2022 | Common Stock, par value $0.0001 | SSaleDisposed | −7,500 | $2.74F2 | −$20,550 | 0 | Direct | |
| Aug 31, 2022 | Common Stock, par value $0.0001 | MOption exerciseAcquired | +7,500 | $0.55 | +$4,125 | 7,500 | Indirect | |
| Aug 31, 2022 | Common Stock, par value $0.0001 | GGiftDisposed | −7,500 | $0.00F3 | $0 | 7,500 | Indirect | |
| Aug 31, 2022 | Common Stock, par value $0.0001 | GGiftAcquired | +7,500 | $0.00F3 | $0 | 7,500 | Direct | |
| Aug 31, 2022 | Common Stock, par value $0.0001 | SSaleDisposed | −7,500 | $2.62F3 | −$19,650 | 0 | Direct |
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 |
|---|---|---|---|---|---|---|---|---|
| Aug 29, 2022 | Contract to Sell (obligation to sell) | JOtherAcquired | 0 | –F1 | – | 0 | Direct | |
| Aug 30, 2022 | Common Stock | MOption exerciseDisposed | −7,500 | $0.00 | $0 | 9,730,000 | Indirect | |
| Aug 31, 2022 | Common Stock | MOption exerciseDisposed | −7,500 | $0.00 | $0 | 9,722,500 | Indirect |
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
On August 29, 2022, the Reporting Person entered into a common stock purchase agreement with an unaffiliated third party buyer. The agreement obligates the Reporting Person to deliver to the buyer, in four separate calendar quarterly transactions, such number of shares of Common Stock equal to $250,000 divided by 95% of the volume weighted average price of the Issuer's Common Stock for the 75 days immediately preceding the 15th of the last month of such calendar quarter. If such price is below $1.00, then such sale shall occur in the next subsequent calendar quarter. The aggregate purchase price to be paid to the Reporting Person under the common stock purchase agreement is $1,000,000. The Reporting Person's spouse, holder of an option to purchase shares of Common Stock (see footnote 4), which the Reporting Persons is a beneficial owner, has committed to deliver to the Reporting Person such number of shares of Common Stock to satisfy the delivery obligations under the common stock purchase agreement.
Referenced by the price of 1 transaction in Table II.
- F2
The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.70 to $2.80, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the foregoing range. The shares issued upon exercise of the option were gifted to the Reporting Person by Reporting Person's spouse and Reporting Person, as direct owner, disposed of the shares.
Referenced by the price of 3 transactions in Table I.
- F3
The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.57 to $2.66, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the foregoing range. The shares issued upon exercise of the option were gifted to the Reporting Person by Reporting Person's spouse and Reporting Person, as direct owner, disposed of the shares.
Referenced by the price of 3 transactions in Table I.