Statement of Changes in Beneficial Ownership (4)
08 Giugno 2023 - 10:05PM
Edgar (US Regulatory)
FORM 4
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0287
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0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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Roberts Ellery |
2. Issuer Name and Ticker or Trading Symbol
1847 Holdings LLC
[
EFSH
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chairman and CEO |
(Last)
(First)
(Middle)
C/O 1847 HOLDINGS LLC, 590 MADISON AVENUE, 21ST FLOOR |
3. Date of Earliest Transaction
(MM/DD/YYYY)
5/17/2023 |
(Street)
NEW YORK, NY 10022 |
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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(City)
(State)
(Zip)
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Rule 10b5-1(c) Transaction Indication
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Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to
satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Shares | 5/17/2023 | | X | | 917 | A | (1) | 376917 | D | |
Common Shares | 5/17/2023 | | S(2) | | 362 | D | (1) | 376555 | D | |
Common Shares | 5/17/2023 | | X | | 7084 | A | (1) | 383639 | D | |
Common Shares | 5/17/2023 | | S(3) | | 2726 | D | (1) | 380913 | D | |
Common Shares | 5/17/2023 | | X | | 4167 | A | (1) | 385080 | D | |
Common Shares | 5/17/2023 | | S(4) | | 1515 | D | (1) | 383565 | D | |
Common Shares | 5/17/2023 | | X | | 2392 | A | (1) | 385957 | D | |
Common Shares | 5/17/2023 | | S(5) | | 868 | D | (1) | 385089 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Warrant to Purchase Common Shares | (1) | 5/17/2023 | | X | | | 917 | 2/24/2022 | 2/24/2025 | Common Shares | 917 | $0 | 0 | D | |
Warrant to Purchase Common Shares | (1) | 5/17/2023 | | X | | | 7084 | 4/20/2022 | 4/20/2025 | Common Shares | 7084 | $0 | 0 | D | |
Warrant to Purchase Common Shares | (1) | 5/17/2023 | | X | | | 4167 | 5/12/2022 | 5/12/2025 | Common Shares | 4167 | $0 | 0 | D | |
Warrant to Purchase Common Shares | (1) | 5/17/2023 | | X | | | 2392 | 5/19/2022 | 5/19/2025 | Common Shares | 2392 | $0 | 0 | D | |
Explanation of Responses: |
(1) | On May 17, 2023, the warrants held by the reporting person were exercised on a cashless basis in accordance with a "forced exercise" provision, pursuant to which the warrants were exercised on a cashless basis for a number of common shares equal to the quotient of (i) eighty percent (80%) of the Black Scholes Value of the warrants divided by (ii) the exercise price of the warrants of $0.5948. |
(2) | In accordance with the cashless exercise, 362 of the warrant shares were withheld to pay the exercise price and the reporting person was issued the remaining 555 shares. |
(3) | In accordance with the cashless exercise, 2,726 of the warrant shares were withheld to pay the exercise price and the reporting person was issued the remaining 4,358 shares. |
(4) | In accordance with the cashless exercise, 1,515 of the warrant shares were withheld to pay the exercise price and the reporting person was issued the remaining 2,652 shares. |
(5) | In accordance with the cashless exercise, 868 of the warrant shares were withheld to pay the exercise price and the reporting person was issued the remaining 1,524 shares. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Roberts Ellery C/O 1847 HOLDINGS LLC 590 MADISON AVENUE, 21ST FLOOR NEW YORK, NY 10022 | X |
| Chairman and CEO |
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Signatures
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/s/ Ellery W. Roberts | | 6/8/2023 |
**Signature of Reporting Person | Date |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
Grafico Azioni 1847 (AMEX:EFSH)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni 1847 (AMEX:EFSH)
Storico
Da Gen 2024 a Gen 2025