David E. Lazar - Jan 29, 2024 Form 4 Insider Report for MINIM, INC. (MINM)

Role
Director, 10%+ Owner
Signature
/s/ David E. Lazar
Stock symbol
MINM
Transactions as of
Jan 29, 2024
Transactions value $
$2,800,000
Form type
4
Date filed
1/31/2024, 06:02 PM
Previous filing
Jan 24, 2024
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MINM Common Stock 25K Jan 29, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MINM Series A Convertible Preferred Stock Purchase $2.8M +2M $1.40 2M Jan 29, 2024 Common Stock 2.8M Direct F1, F2
transaction MINM Warrants Purchase $0 +2.8M $0.00 2.8M Jan 29, 2024 Common Stock 2.8M $1.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Series A Convertible Preferred Stock ("Series A Preferred Stock") of Minim, Inc. (the "Company") are convertible at any time at the option of the holder for no additional consideration.
F2 The Series A Preferred Stock is perpetual and therefore has no expiration date.