Kingdom Building, Inc. - Jan 10, 2025 Form 4 Insider Report for AMERICAN REBEL HOLDINGS INC (AREB)

Role
10%+ Owner
Signature
Edward Haberfield, CEO
Stock symbol
AREB
Transactions as of
Jan 10, 2025
Transactions value $
$21,500
Form type
4
Date filed
5/1/2025, 06:23 AM
Previous filing
Feb 10, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AREB Common Stock Conversion of derivative security +10.7K +151.81% 17.7K Feb 10, 2025 Direct F4
transaction AREB Common Stock Conversion of derivative security +7K +65.62% 17.7K Feb 10, 2025 Direct F5

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 AREB Series D Convertible Preferred Stock Other +3.12K +3.54% 91.5K Jan 10, 2025 Common Stock 15.6K $1.50 Direct F1, F2
transaction AREB Series D Convertible Preferred Stock Conversion of derivative security -53.3K -58.32% 38.1K Feb 10, 2025 Common Stock 10.7K $1.50 Direct F1, F3
transaction AREB Series D Convertible Preferred Stock Conversion of derivative security -35K -47.86% 38.1K Feb 10, 2025 Common Stock 7K $1.50 Direct F1, F4
transaction AREB Original Issue Discount Note Conversion of derivative security $21.5K +14.3K +458.95% $1.50 17.5K Apr 14, 2025 Series D Convertible Preferred Stock 14.3K $7.50 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Kingdom Building, Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The Series D Convertible Preferred Stock did not have an expiration date but did have a Forced Conversion Clause where if the closing sale price of Common Shares during the ten consecutive trading day period ending and including the applicable Forced Conversion Notice Date (as defined in the Certificate of Designation to the Series D Convertible Preferred Stock) has been at or above $2.25 per share, then American Rebel Holdings Inc. shall have the right to require the Reporting Persons to convert all, or any portion of, the Series D Convertible Preferred Stock held by such Holder for Common Shares in accordance with this Section 3(b) of the Certificate of Designation to the Series D Convertible Preferred Stock on the Forced Conversion Date.
F2 Issued as payment for the Original Issue Discount derived from the OID Note issued to the Reporting Person on January 10, 2025.
F3 Issued pursuant to a Settlement Agreement on October 1, 2024, by and between the Reporting Person and the Issuer.
F4 Issued pursuant to a Consulting Agreement dated May 24th, 2024, by and between the Reporting Person and the Issuer.
F5 The OID Note has a maturity date of July 10th, 2025.

Remarks:

1. On March 31, 2025, the Issuer effected a 1-for-25 reverse stock split. Accordingly, the figures provided are on a post-split basis.