Yu Cao - Apr 10, 2025 Form 4 Insider Report for FiEE, Inc. (MINM)

Role: Chief Financial Officer, 10%+ Owner
Signature: /s/ Yu Cao
Stock symbol: MINM
Transactions as of: Apr 10, 2025
Transactions value $: $0
Form type: 4
Date filed: 4/14/2025, 04:01 PM
Previous filing: Feb 28, 2025
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	MINM	Series A Convertible Preferred Stock	Purchase		+15.9K	+1.41%		1.15M	Apr 10, 2025	Common Stock	22.3K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person's Series A Convertible Preferred Stock are convertible into shares of common stock at a ratio of 1.4 shares of common stock for each share of Series A Convertible Preferred Stock, subject to a 19.99% beneficial ownership limitation. Series A Convertible Preferred Stock vote on matters of the Issuer on an as-converted basis, without regard to such beneficial ownership limitation. The right to convert does not expire.
F2	The Series A Convertible Preferred Stock were transferred to the Reporting Person for no additional consideration beyond the consideration provided in that certain Amended and Restated Securities Purchase Agreement on February 18, 2025, by and among the Issuer, David Lazar, and certain purchasers thereto, including the Reporting Person.

Content

The Reporting Person's Series A Convertible Preferred Stock are convertible into shares of common stock at a ratio of 1.4 shares of common stock for each share of Series A Convertible Preferred Stock, subject to a 19.99% beneficial ownership limitation. Series A Convertible Preferred Stock vote on matters of the Issuer on an as-converted basis, without regard to such beneficial ownership limitation. The right to convert does not expire.

The Series A Convertible Preferred Stock were transferred to the Reporting Person for no additional consideration beyond the consideration provided in that certain Amended and Restated Securities Purchase Agreement on February 18, 2025, by and among the Issuer, David Lazar, and certain purchasers thereto, including the Reporting Person.