CP BF Lending, LLC - 17 Oct 2024 Form 4 Insider Report for Banzai International, Inc. (BNZI)

Role
10%+ Owner
Signature
CP BF Lending, LLC, By: /s/ Brad Shain, President
Issuer symbol
BNZI
Transactions as of
17 Oct 2024
Transactions value $
-$2,614,101
Form type
4
Filing time
21 Oct 2024, 21:44:56 UTC
Previous filing
21 Oct 2024
Next filing
25 Oct 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BNZI Class A Common Stock Sale -$119,850 -25,500 -7.7% $4.7 305,349 17 Oct 2024 Direct F1
transaction BNZI Class A Common Stock Sale -$138,383 -37,100 -12% $3.73 268,249 17 Oct 2024 Direct F1
transaction BNZI Class A Common Stock Exercise of in-the-money or at-the-money derivative security $30.00 +304,704 +114% $0.0001 572,953 17 Oct 2024 Direct F1
transaction BNZI Class A Common Stock Sale -$1,979,635 -458,249 -80% $4.32 114,704 17 Oct 2024 Direct F1
transaction BNZI Class A Common Stock Sale -$393,421 -114,700 -100% $3.43 4 17 Oct 2024 Direct F1
transaction BNZI Class A Common Stock Conversion of derivative security $145,097 +37,300 +932,500% $3.89 37,304 18 Oct 2024 Direct F1
transaction BNZI Class A Common Stock Sale -$127,939 -37,300 -100% $3.43 4 18 Oct 2024 Direct F1

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 BNZI Common Stock Warrants (right to buy) Exercise of in-the-money or at-the-money derivative security $0 -304,704 -100% $0 0 17 Oct 2024 Class A Common Stock 304,704 $0.0001 Direct F1, F2
transaction BNZI Convertible Note Conversion of derivative security $0 -37,300 -1.6% $0 2,241,971 18 Oct 2024 Class A Common Stock 37,300 $3.89 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Brad Shain may be deemed to have beneficial ownership of the shares held directly by CP BF Lending, LLC. Mr. Shain disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
F2 No expiration date.
F3 The maturity date of the convertible note will be February 19, 2027 or, if earlier, the date on which the consolidated convertible loan becomes due and payable pursuant to the terms of the convertible note or any other loan document.