PAUL PACKER - 09 Jun 2022 Form 3 Insider Report for Forafric Global PLC (AFRI)

Role
Director, 10%+ Owner
Signature
/s/ Paul Packer
Issuer symbol
AFRI
Transactions as of
09 Jun 2022
Transactions value $
$0
Form type
3
Filing time
14 Jun 2022, 06:30:20 UTC
Previous filing
05 Jan 2022
Next filing
24 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AFRI Ordinary Shares 2,830,000 09 Jun 2022 See Footnote F1
holding AFRI Ordinary Shares 760,494 09 Jun 2022 See Footnote F2

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
holding AFRI Ordinary Shares Purchase Warrant (right to buy) 09 Jun 2022 Ordinary Shares $3,628,889 $11.5 See Footnote F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents securities held by Globis SPAC LLC, of which Mr. Packer is the sole manager.
F2 Represents securities held by Globis Capital Partners LP. Mr. Packer may be deemed to control and have voting and investment power over these securities. Mr. Packer disclaims beneficial ownership over these securities except to the extent of his pecuniary interest therein.
F3 The warrants became exercisable on June 9, 2022 upon the completion of the initial business combination (the "Business Combination") between Globis Acquisition Corp. and the issuer. The warrants are exercisable only so long as the beneficial ownership of the Reporting Persons would not exceed 9.9% of the Ordinary Shares outstanding immediately after giving effect to the exercise.