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Mobiquity Technologies (MOBQ) director Salkind received 300,789 Preferred Stock

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Insider transactions reported

Gene Salkind (director at Mobiquity Technologies Inc., MOBQ) reported that they received 300,789 Preferred Stock, and exercised or converted 300,000 shares on Nov 7, 2023.

Reporting person
Salkind Gene

Options and other derivatives

Options and other derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Nov 7, 2023Exercise or conversion of a derivative (M)Common StockOn 428,571 Common Stock2, 3-300,000--96,100 direct
Nov 7, 2023Grant or award (A)Preferred StockOn 3,007,890 Common Stock1, 3+300,789--3,103,990 direct

Holdings before and after

  • Common Stock: 396,100 to 96,100 direct
  • Preferred Stock: 2,803,201 to 3,103,990 direct

Footnotes from the filing

  1. 1. Not applicable.
  2. 2. The derivative securities listed in Table II are derivative securities owned directly by Dr. Salkind and his wife and by the trust. Salkind has the right to convert $300,000 loan into common stock at $.70 per share or into the terms of a financing completed before November 30, 2023.
  3. 3. Salkind and his trust invested an additional $1,200,000 plus converted the $300,000 principal loan plus interest of $3,495 (totaling$1,503,495) into shares of Series G Preferred Stock, convertible at holders option at any time into common stock at an effective price of $.50 per share.

Transaction codes in this filing

Grant or award:
Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.
Exercise or conversion of a derivative:
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.

FAQ

What did Salkind report in this MOBQ Form 4?

Gene Salkind (director at Mobiquity Technologies Inc., MOBQ) reported that they received 300,789 Preferred Stock, and exercised or converted 300,000 shares on Nov 7, 2023.

What does transaction code A mean on an SEC Form 4?

Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.

Historical context for MOBQ

Earlier insider filings at MOBQ

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