December 31, 2023 · Form 4 insider transaction
CALVERT DENNIS P bought 50,557 shares of BLGO at $0.17 per share, a transaction worth $8.5K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 3 days after the transaction.
The shares issued are unvested and subject to a Lock-Up Agreement dated as of the issuance date whereby shares are locked-up and restricted from sale until January 1, 2026.; Shares received from Issuer in exchange for a reduction in amounts owed by Issuer to Reporting Person for salary and unreimbursed business expenses (equal to the product of the number of shares issued and the acquisition price per share).; Includes 1,528,695 shares owned indirectly by Reporting Person through a limited liability company owned and controlled by Reporting Person.