Form 4 for BESS Bimergen Energy Corp
Accepted 2022-07-06 00:00:00 ET · period of report 2022-06-27 · accession 0001493152-22-018738 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2022-07-06 | 2022-06-27 | BESS | CAO MICHAEL HANH | Dir, 10% | C - Cnv Deriv | — | +180.28M | 180.28M | New | — |
| DMI | 2022-07-06 | 2022-06-27 | BESS | CAO MICHAEL HANH | Dir, 10% | C - Cnv Deriv | $0.00 | -3.34M | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.001 | 2022-06-27 | C | A | 51,507,749 | — | 51,507,749 | I By Spouse | — | — | (F1) Each share of Series A Convertible Preferred Stock (the "Series A Preferred Stock") automatically converted into 53.97561 shares of Issuer's common stock for no additional consideration upon the Issuer's filing a certificate of amendment to the certificate of incorporation authorizing a sufficient number of shares of common stock to permit a full conversion of all issued and outstanding Series A Preferred Stock. The Series A Preferred Stock has no expiration date. |
| 2 | Common | Common Stock, par value $0.001 | 2022-06-27 | C | A | 128,769,372 | — | 180,277,121 | I By B&B Investment Holding LLC | — | — | (F1) Each share of Series A Convertible Preferred Stock (the "Series A Preferred Stock") automatically converted into 53.97561 shares of Issuer's common stock for no additional consideration upon the Issuer's filing a certificate of amendment to the certificate of incorporation authorizing a sufficient number of shares of common stock to permit a full conversion of all issued and outstanding Series A Preferred Stock. The Series A Preferred Stock has no expiration date. (F2) Includes 128,769,372 shares held directly by B&B Investment Holding LLC and 51,507,749 held by the Reporting Person's spouse. (F3) The Reporting Person is the manager of B&B Investment Holding LLC, has voting control over shares owned by B&B Investment Holding LLC, and may be deemed to have indirect beneficial ownership of all or a portion of the securities owned directly by B&B Investment Holding LLC, but disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
| 3 | Derivative | Series A Convertible Preferred Stock | 2022-06-27 | C | D | 2,385,692 | $0.00 | 0 | I By B&B Investment Holding LLC | — · — to — | 128,769,372 Common Stock | (F3) The Reporting Person is the manager of B&B Investment Holding LLC, has voting control over shares owned by B&B Investment Holding LLC, and may be deemed to have indirect beneficial ownership of all or a portion of the securities owned directly by B&B Investment Holding LLC, but disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. (F1) Each share of Series A Convertible Preferred Stock (the "Series A Preferred Stock") automatically converted into 53.97561 shares of Issuer's common stock for no additional consideration upon the Issuer's filing a certificate of amendment to the certificate of incorporation authorizing a sufficient number of shares of common stock to permit a full conversion of all issued and outstanding Series A Preferred Stock. The Series A Preferred Stock has no expiration date. |
| 4 | Derivative | Series A Convertible Preferred Stock | 2022-06-27 | C | D | 954,277 | $0.00 | 0 | I By Spouse | — · — to — | 51,507,749 Common Stock | (F1) Each share of Series A Convertible Preferred Stock (the "Series A Preferred Stock") automatically converted into 53.97561 shares of Issuer's common stock for no additional consideration upon the Issuer's filing a certificate of amendment to the certificate of incorporation authorizing a sufficient number of shares of common stock to permit a full conversion of all issued and outstanding Series A Preferred Stock. The Series A Preferred Stock has no expiration date. |