Friedberg Ezra M sold CHRO

February 21, 2024 · Form 4 insider transaction

Friedberg Ezra M sold 33,136 shares of CHRO, a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 2 days after the transaction.

Direction
Disposed (sell-side)
Shares
33,136
Price
N/A
Total value
N/A
Role
CompanyCHRO
SecuritySecured Convertible Promissory Note
Transaction codeC: Conversion of a derivative
Transaction dateFebruary 21, 2024
Filing dateFebruary 23, 2024
Shares owned after0
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

Represents $33,136.00 of outstanding principal and accrued and unpaid interest of this senior secured convertible promissory note, due March 1, 2024, which automatically converted into 6,992 shares of common stock of the Issuer at a conversion price of 80.0% of the offering price of the securities sold to the public in the Issuer's initial public offering, including an additional 88 shares of common stock issued as consideration for this senior secured convertible promissory note.; The securities are held by Balmoral Financial Group LLC ("Balmoral"). The Reporting Person serves as a manager of Balmoral, which also manages a retirement account for the Reporting Person, and, accordingly, the Reporting Person may also be deemed to beneficially own the shares of common stock held by Balmoral (or managed by Balmoral, in respect of the retirement account).

View the original Form 4 on SEC EDGAR