Anthony Evers - 01 Oct 2024 Form 4 Insider Report for SurgePays, Inc. (SURG)

Signature
/s/ Anthony Evers
Issuer symbol
SURG
Transactions as of
01 Oct 2024
Net transactions value
-$56,379
Form type
4
Filing time
03 Oct 2024, 16:17:52 UTC
Previous filing
04 Sep 2024
Next filing
15 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SURG Restricted Shares (Common Stock) Award $0 +66,667 +26% $0.000000 324,924 01 Oct 2024 Direct F1, F2
transaction SURG Shares of Common Stock Sale $56,379 -36,667 -11% $1.54 288,257 02 Oct 2024 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock award vesting as to 66,667 RSAs on December 1, 2024.
F2 Includes restricted stock awards in the amount of (i) 66,667 vested on July 1, 2024, (ii) 66,667 vested on August 1, 2024, (iii) 66,667 vested on September 1, 2024, (iv) 66,667 vested on October 1, 2024, and (v) 66,667 vesting on November 1, 2024.
F3 The purpose of the sale is solely to cover taxes with vesting of restricted share awards.
F4 Based upon shares sold at a high price of $1.75, a low price of $1.61, and an average of $1.67. The full breakdown of the prices for all shares sold will be provided at the request of the SEC.