Anthony Santelli II - 31 Dec 2024 Form 4 Insider Report for BLUE BIOFUELS, INC. (BIOF)

Role
Chief Financial Officer, Director, 10%+ Owner
Signature
/s/Anthony Santelli II
Issuer symbol
BIOF
Transactions as of
31 Dec 2024
Net transactions value
$0
Form type
4
Filing time
31 Dec 2024, 15:40:23 UTC
Previous filing
03 May 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 BIOF Call Option Award $0 +826,446 +8.2% $0.000000 10,865,582 31 Dec 2024 Stock 826,446 $0.1210 Direct
transaction BIOF Call Option Award $0 +826,446 +8.2% $0.000000 10,913,028 31 Dec 2024 Stock 826,446 $0.1210 Direct
transaction BIOF Call Option Award $0 +1,173,554 +11% $0.000000 12,086,582 31 Dec 2024 Stock 1,173,554 $0.1100 Direct
transaction BIOF Call Option Award $0 +1,173,554 +9.7% $0.000000 13,260,136 31 Dec 2024 Stock 1,173,554 $0.1100 Direct
transaction BIOF Call Option Award $0 +3,279,476 +25% $0.000000 16,539,612 31 Dec 2024 Stock 3,279,476 $0.1100 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options above with an unknown exercisable date vest upon the sooner of revenue from the production of biofuels or the uplisting to a major exchange.

Remarks:

Beneficial ownership totals do not include 9 million unvested options, 5 million with a 10 cent strike price, and 4 million with a 20 cent strike price, all that vest upon an uplisting to a major exchange or upon production commencement. Beneficial ownership does not include derivative securities owned by entities controlled by Reporting Person, which are 3,625,000 warrants owned by AES Capital Resources, LP, and 600,000 warrants owned by AES Capital Partners, LP.