Justin Krause - Jun 24, 2024 Form 4/A Insider Report for Sezzle Inc. (SEZL)

Signature
/s/ Brady Duane Kafka, as Attorney-in-Fact
Stock symbol
SEZL
Transactions as of
Jun 24, 2024
Transactions value $
-$160,080
Form type
4/A
Date filed
6/26/2024, 05:03 PM
Date Of Original Report
Jun 24, 2024
Previous filing
Apr 3, 2024
Next filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEZL Common Stock, par value $0.00001 per share Options Exercise $3.8K +2K +12.01% $1.90* 18.7K Jun 24, 2024 Direct
transaction SEZL Common Stock, par value $0.00001 per share Sale -$28.7K -368 -1.97% $78.00 18.3K Jun 24, 2024 Direct
transaction SEZL Common Stock, par value $0.00001 per share Sale -$131K -1.63K -8.92% $80.50 16.7K Jun 24, 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 SEZL Stock Options Options Exercise -$3.8K -2K -55.26% $1.90* 1.62K Jun 24, 2024 Common Stock, par value $0.00001 per share 2K $1.90 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These options fully vested on December 10, 2022.
F2 Effective May 11, 2023, the common stock of Sezzle Inc. was reverse split 1-for-38, resulting in the shares of common stock underlying the stock options beneficially owned by the reporting person immediately prior to the effect of this Form 4 being consolidated to 3,619 shares of common stock.