Brian Klatsky - 31 May 2022 Form 4 Insider Report for Descrypto Holdings, Inc. (OLKR)

Role
President, OpenLocker Inc., Director, 10%+ Owner
Signature
/s/ Brian Klatsky
Issuer symbol
OLKR
Transactions as of
31 May 2022
Transactions value $
$2,010
Form type
4
Filing time
05 Oct 2022, 18:05:04 UTC
Next filing
21 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OLKR Common Stock, par value $0.0001 Other $0 +3.93M $0.00 3.93M 31 May 2022 Direct F1

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 OLKR Series A Preferred Stock Award $2.01K +3K $0.67 3K 05 Oct 2022 Common Stock, par value $0.0001 3M $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the terms of the Share Exchange Agreement by and among the issuer, OpenLocker Inc. ("OpenLocker"), the stockholders of OpenLocker, and Mr. Klatsky, the issuer issued 3,927,113 shares of the issuer's common stock to Mr. Klatsky.
F2 Each share of Series A preferred stock is convertible into 1,000 shares of the issuer's common stock at any time at the election of the holder.
F3 On October 5, 2022, the issuer entered into a Subscription Agreement by and between the issuer and Mr. Klatsky pursuant to which Mr. Klatsky purchased 3,000 shares of Series A preferred stock for an aggregate purchase price of $2,000.

Remarks:

Brian Klatsky is President of OpenLocker Inc., an operating company and wholly owned subsidiary of the Issuer.