I-Pulse Inc. - Dec 1, 2022 Form 4 Insider Report for Ivanhoe Electric Inc. (IE)

Role
10%+ Owner
Signature
/s/ Sam Kenny
Stock symbol
IE
Transactions as of
Dec 1, 2022
Transactions value $
-$1,880,961
Form type
4
Date filed
12/1/2022, 04:21 PM
Previous filing
Oct 11, 2022
Next filing
Dec 28, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IE Common Stock Conversion of derivative security -$103K -22K -0.23% $4.69 9.64M Dec 1, 2022 Direct F1
transaction IE Common Stock Conversion of derivative security -$1.28M -273K -2.83% $4.69 9.37M Dec 1, 2022 Direct F1
transaction IE Common Stock Conversion of derivative security -$50.9K -10.9K -0.12% $4.69 9.36M Dec 1, 2022 Direct F1
transaction IE Common Stock Conversion of derivative security -$63.7K -13.6K -0.15% $4.69 9.34M Dec 1, 2022 Direct F1
transaction IE Common Stock Conversion of derivative security -$74.9K -16K -0.17% $4.69 9.33M Dec 1, 2022 Direct F1
transaction IE Common Stock Conversion of derivative security -$170K -36.3K -0.39% $4.69 9.29M Dec 1, 2022 Direct F1
transaction IE Common Stock Conversion of derivative security -$68.9K -14.7K -0.16% $4.69 9.28M Dec 1, 2022 Direct F1
transaction IE Common Stock Conversion of derivative security -$69.8K -14.9K -0.16% $4.69 9.26M Dec 1, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Between August 3, 2021 and November 17, 2021, the reporting person issued convertible notes in the aggregate principal amount of $19,999,680 (the "I-Pulse Convertible Notes"). In accordance with their terms, certain of the holders of the I-Pulse Convertible Notes elected to exchange the I-Pulse Convertible Notes, including any accrued but unpaid interest, into shares of common stock of Ivanhoe Electric Inc. (the "Company") held by the reporting person at a price per share equal to the lesser of (A) 80% of the gross price per share at which common stock was sold in the qualifying IPO of the Company, and (B) $1.5643 per share of common stock, subject in each case to adjustment for any stock split, stock dividend, reverse stock split, or similar transactions.