Form 4 for MAMA Mama's Creations, Inc.
Accepted 2023-12-21 00:00:00 ET · period of report 2023-12-21 · accession 0001493152-23-045733 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2023-12-21 | 2023-12-21 | MAMA | Brown Matthew | 10% | S - Sale | $3.50 | -5.63M | 0 | -100% | -$19.70M |
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 | 2023-12-21 | S | D | 2,814,961 | $3.50 | 0 | I By spouse | — | — | (F1) Certain of these shares were previously reported as beneficially owned by Mr. Brown directly, though held jointly together with his spouse, Ms. Karen B. Wolf. On September 11, 2023, Ms. Wolf assumed sole ownership of 2,814,961 shares, and Mr. Brown assumed sole ownership of the remainder. On November 1, 2023, Mr. Brown gifted his 2,814,960 shares, including such remainder, to the Matthew Brown 2023 Family Trust, an irrevocable trust for the benefit of Ms. Wolf and their children, of which Ms. Wolf is the sole trustee. Following the sale transactions reported in this Form 4, none of the foregoing parties retains any beneficial ownership or pecuniary interest in any shares of common stock of the Issuer. |
| 2 | Common | Common Stock | 2023-12-21 | S | D | 2,814,960 | $3.50 | 0 | I By trust | — | — | (F1) Certain of these shares were previously reported as beneficially owned by Mr. Brown directly, though held jointly together with his spouse, Ms. Karen B. Wolf. On September 11, 2023, Ms. Wolf assumed sole ownership of 2,814,961 shares, and Mr. Brown assumed sole ownership of the remainder. On November 1, 2023, Mr. Brown gifted his 2,814,960 shares, including such remainder, to the Matthew Brown 2023 Family Trust, an irrevocable trust for the benefit of Ms. Wolf and their children, of which Ms. Wolf is the sole trustee. Following the sale transactions reported in this Form 4, none of the foregoing parties retains any beneficial ownership or pecuniary interest in any shares of common stock of the Issuer. |