Form 4 for PARA Banzai International, Inc.
Accepted 2024-10-25 00:00:00 ET · period of report 2024-10-23 · accession 0001911119-24-000003 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-10-25 | 2024-10-23 | PARA | CP BF Lending, LLC | 10% | C - Cnv Deriv | $3.89 | +18.3K | 18.3K | +457,500% | +$71.2K |
| D | 2024-10-25 | 2024-10-24 | PARA | CP BF Lending, LLC | 10% | S - Sale | $3.61 | -18.3K | 4 | -100% | -$66.1K |
| D | 2024-10-25 | 2024-10-23 | PARA | CP BF Lending, LLC | 10% | C - Cnv Deriv | $0.00 | -18.3K | 2.22M | -0.8% | $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 | Class A Common Stock | 2024-10-23 | C | A | 18,300 | $3.89 | 18,304 | D | — | — | (F1) Brad Shain may be deemed to have beneficial ownership of the shares held directly by CP BF Lending, LLC. Mr. Shain disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or any other purpose. |
| 2 | Common | Class A Common Stock | 2024-10-24 | S | D | 18,300 | $3.61 | 4 | D | — | — | (F1) Brad Shain may be deemed to have beneficial ownership of the shares held directly by CP BF Lending, LLC. Mr. Shain disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or any other purpose. |
| 3 | Derivative | Convertible Note | 2024-10-23 | C | D | 18,300 | $0.00 | 2,223,671 | D | $3.89 · 2024-10-10 to 2027-02-19 | 18,300 Class A Common Stock | (F1) Brad Shain may be deemed to have beneficial ownership of the shares held directly by CP BF Lending, LLC. Mr. Shain disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or any other purpose. (F2) The maturity date of the convertible note will be February 19, 2027 or, if earlier, the date on which the consolidated convertible loan becomes due and payable pursuant to the terms of the convertible note or any other loan document. |