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FiEE, Inc. — Director's Dealing 2025
Mar 10, 2025
35023_dirs_2025-03-10_0df91e28-e1bf-4318-a670-f5c03366d159.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: FiEE, Inc. (MINM)
CIK: 0001467761
Period of Report: 2025-02-18
Reporting Person: Lazar David E. (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-18 | Common Stock | A | 1200000 | — | Acquired | 2681980 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-02-18 | Series A Convertible Preferred Stock | $ | S | 2219447 | Disposed | Common Stock (3107226) | Direct | |
| 2025-02-18 | Warrants | $1 | S | 2800000 | Disposed | 2029-01-29 | Common Stock (2800000) | Direct |
Footnotes
F1: Shares acquired pursuant to an Amended and Restated Securities Purchase Agreement (the "Purchase Agreement") by and among the Reporting Person, FiEE, Inc. (the "Issuer") and certain purchasers party thereto (the "Purchasers"), pursuant to which the Reporting Person (i) acquired 1,200,000 newly issued shares of common stock of the Issuer and (ii) sold (A) 2,219,447 shares of Series A Convertible Preferred Stock ("Series A Preferred Stock") and (B) a warrant to purchase up to an additional 2,800,000 shares of common stock, in exchange for an aggregate purchase price of $500,000 paid by the Purchasers to the Issuer, as fully set forth in the Purchase Agreement.
F2: The shares of Series A Preferred Stock are convertible at any time at the option of the holder for no additional consideration.
F3: The Series A Preferred Stock is perpetual and therefore has no expiration date.
F4: Shares sold pursuant to the Purchase Agreement by and among the Reporting Person, the Issuer and the Purchasers, pursuant to which the Reporting Person (i) acquired 1,200,000 newly issued shares of common stock of the Issuer and (ii) sold (A) 2,219,447 shares of Series A Preferred Stock and (B) a warrant to purchase up to an additional 2,800,000 shares of common stock, in exchange for an aggregate purchase price of $500,000 paid by the Purchasers to the Issuer, as fully set forth in the Purchase Agreement.
F5: Warrants sold pursuant to the Purchase Agreement by and among the Reporting Person, the Issuer and the Purchasers, pursuant to which the Reporting Person (i) acquired 1,200,000 newly issued shares of common stock of the Issuer and (ii) sold (A) 2,219,447 shares of Series A Preferred Stock and (B) a warrant to purchase up to an additional 2,800,000 shares of common stock, in exchange for an aggregate purchase price of $500,000 paid by the Purchasers to the Issuer, as fully set forth in the Purchase Agreement.