John Trainor - 07 Jan 2022 Form 3 Insider Report for SensaSure Technologies, Inc. (SESU)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ John Trainor
Issuer symbol: SESU
Transactions as of: 07 Jan 2022
Transactions value $: $0
Form type: 3
Filing time: 07 Jan 2022, 18:00:48 UTC
Next filing: 16 Aug 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Shares After	Date	Ownership	Footnotes
holding	SESU	Common Stock, $0.01 par value per share	9,922,209	07 Jan 2022	Direct
holding	SESU	Class A Preferred Stock, $0.001 par value	23,871	07 Jan 2022	Direct	F1
holding	SESU	Class B Preferred Stock, $0.001 par value	27,950	07 Jan 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of preferred stock has a conversion rate of 1 to 1,000 common shares and such conversion can occur subject to various performance condition, service conditions and lock up period that will vary for each of the issuances. When conversion is available it shall be at the discretion of the preferred shareholder. Sale of the converted shares shall not occur until sixty (60) months after a NASDAQ listing. There shall be no dividend rights assigned to the preferred shares. There shall be no registration rights attached to the converted shares. Voting rights per preferred share are 1,000 common shares.

Content

Each share of preferred stock has a conversion rate of 1 to 1,000 common shares and such conversion can occur subject to various performance condition, service conditions and lock up period that will vary for each of the issuances. When conversion is available it shall be at the discretion of the preferred shareholder. Sale of the converted shares shall not occur until sixty (60) months after a NASDAQ listing. There shall be no dividend rights assigned to the preferred shares. There shall be no registration rights attached to the converted shares. Voting rights per preferred share are 1,000 common shares.