Earl Scott - 31 Dec 2021 Form 5 Insider Report for AmeriCrew Inc. (ACRU)

Role: Chief People Officer
Signature: /s/ Earl Scott
Issuer symbol: ACRU
Transactions as of: 31 Dec 2021
Transactions value $: $5,790,959
Form type: 5
Filing time: 14 Feb 2022, 15:01:30 UTC
Previous filing: 05 Oct 2021
Next filing: 28 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ACRU	Common Stock	Options Exercise	$5,790,959	+2,227,292		$2.6	2,227,292	01 Dec 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ACRU	Series A Preferred Stock	Options Exercise		-445,458	-100%		0	01 Dec 2021	Common Stock	445,458		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The Series A Preferred Stock automatically converted immediately upon the effectiveness of a one-for-100 reverse stock split of the Issuer's issued and outstanding common stock on December 1, 2021.
F2	Each share of Series A Preferred Stock converted into 500 shares of common stock, subject to customary adjustments.