Filing Details

Accession Number:
0001654954-23-001795
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-02-15 16:05:58
Reporting Period:
2022-12-16
Accepted Time:
2023-02-15 16:05:58
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1277250 Charge Enterprises Inc. CRGE Telegraph & Other Message Communications (4822) 900471969
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1872307 Craig Harper-Denson 125 Park Avenue 25Th Floor
New York NY 10017
Coo & Cco No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.0001 Acquisiton 2022-12-22 128,866 $0.55 128,866 No 5 M Indirect By spouse
Common Stock, Par Value $0.0001 Disposition 2022-12-22 128,866 $0.00 128,866 No 5 G Indirect By spouse
Common Stock, Par Value $0.0001 Acquisiton 2022-12-22 128,866 $0.00 128,866 No 5 G Direct
Common Stock, Par Value $0.0001 Disposition 2023-02-13 128,866 $1.94 0 No 5 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 M Indirect By spouse
No 5 G Indirect By spouse
No 5 G Direct
No 5 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Options, right to buy Disposition 2022-12-16 128,866 $0.00 128,866 $0.55
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
9,500,875 2030-11-01 No 5 M Indirect
Footnotes
  1. The options were exercised by virtue of the Contract to Sell (obligation to sell) executed on August 29, 2022 between the Reporting Person and an unaffiliated third party buyer, which was reported on the Form 4 filed by the Reporting Person on August 31, 2022. The terms of the Contract to Sell determine the timing and pricing of each of the four transactions transferring Common Stock from Reporting Person to the buyer, and neither the Reporting Person nor the buyer has any control over such timing or pricing. The information in this Form 4 is being filed to disclose the number of shares of Common Stock transferred in connection with the December 15, 2022 transfer.
  2. The sale price reported in Column 4 is the equivalent of the 95% of the volume weighted average price of the Issuer's Common Stock for the 75 days immediately preceding the 15th of December, 2022. The shares issued upon exercise of the option were gifted to the Reporting Person by Reporting Person's spouse and Reporting Person, as direct owner, disposed of the shares.
  3. On November 1, 2020, the Reporting Person's spouse was issued a ten-year option to purchase 10,500,000 shares of common stock. The vesting schedule for the remaining shares issuable upon exercise is: (i) 4,250,875 shares, which vested November 1, 2021; (ii) 2,625,000 shares, which vested on November 1, 2022; and (iii) 2,625,000 shares will vest on November 1, 2023.