Lauren Klatsky - 20 Jun 2023 Form 4 Insider Report for OpenLocker Holdings, Inc. (OLKR)

Role
COO of OpenLocker Inc.
Signature
/s/ Lauren Klatsky
Issuer symbol
OLKR
Transactions as of
20 Jun 2023
Net transactions value
+$2,680
Form type
4
Filing time
21 Jun 2023, 16:10:26 UTC
Previous filing
22 Sep 2022
SEC
View on sec.gov

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 $2,680 +4,000 $0.6700 4,000 20 Jun 2023 Common Stock 4,000,000 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 On June 20, 2023, the issuer entered into a Subscription Agreement by and between the issuer and the reporting person pursuant to which the reporting person purchased 4,000 shares of Series A preferred stock for an aggregate purchase price of $2,667.

Remarks:

The reporting person is Chief Operating Officer of OpenLocker Inc., an operating company and wholly owned subsidiary of the issuer.