Lawrence M. Diamond - Apr 27, 2022 Form 4 Insider Report for Mitesco, Inc. (MITI)

Role
Chief Executive Officer, Director
Signature
/s/ Lawrence M. Diamond
Stock symbol
MITI
Transactions as of
Apr 27, 2022
Transactions value $
$0
Form type
4
Date filed
5/3/2022, 04:34 PM
Previous filing
Apr 19, 2022
Next filing
May 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MITI Common Stock, par value $0.01 Other $0 +96.5K +1.18% $0.00 8.29M Apr 27, 2022 Direct F1, F2

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 MITI Common Stock Purchase Warrant Purchase $0 +368K $0.00 368K Apr 27, 2022 Common Stock 368K $0.50 Direct F3
transaction MITI Common Stock Purchase Warrant Purchase $0 +96.5K +26.25% $0.00 464K Apr 27, 2022 Common Stock 96.5K $0.50 Direct F4
transaction MITI Common Stock Purchase Warrant Purchase $0 +96.5K +20.79% $0.00 560K Apr 27, 2022 Common Stock 96.5K $0.50 Direct F5
transaction MITI Common Stock Purchase Warrant Purchase $0 +368K $0.00 368K Apr 27, 2022 Common Stock 368K $0.75 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 27, 2022, Mitesco, Inc. (the "Company") issued a 10% Promissory Note due October 27, 2022 (the "Note") to Lawrence Diamond. The principal amount of the Note is $235,294.00, carries a 10% interest rate per annum, payable in monthly installments.
F2 In connection with the Note, on April 27, 2022, the Company issued 96,471 commitment fee shares of the Company's common stock to Mr. Diamond.
F3 367,500 Common Stock Purchase Warrants at an exercise price of $0.50 were granted to Mr. Diamond on April 27, 2022, pursuant to a Promissory Note issued by the Company to Mr. Diamond on February 15. The Warrants are exercisable at any time on or after October 27, 2022, and on or before the April 27, 2027.
F4 96,471 Common Stock Purchase Warrants at an exercise price of $0.50 were granted to Mr. Diamond on April 27, 2022, pursuant to a Promissory Note issued by the Company to Mr. Diamond on March 18. The Warrants are exercisable at any time on or after October 27, 2022, and on or before the April 27, 2027.
F5 96,471 Common Stock Purchase Warrants at an exercise price of $0.50 were granted to Mr. Diamond on April 27, 2022 pursuant to the Note. The Warrants are exercisable at any time on or after October 27, 2022, and on or before the April 27, 2027.
F6 367,500 Common Stock Purchase Warrants at an exercise price of $0.75 were granted to Mr. Diamond on April 27, 2022, pursuant to a Promissory Note issued by the Company to Mr. Diamond on February 15. The Warrants are exercisable at any time on or after October 27, 2022, and on or before the April 27, 2027.