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Lottery.com Inc. — Director's Dealing 2021
Dec 7, 2021
35017_dirs_2021-12-06_65c48f5c-352d-48c6-8f1b-05ee713b261b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Lottery.com Inc. (LTRY)
CIK: 0001673481
Period of Report: 2021-12-02
Reporting Person: Clemenson Matthew (Director, Chief Commercial Officer, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-02 | Common Stock | X | 375000 | $2 | Disposed | 6289487 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-02 | Purchase Right (obligation to sell) | $2 | X | 1 | Disposed | Common Stock (375000) | Direct |
Footnotes
F1: On October 13, 2021, in connection with a loan made to AutoLotto, Inc. ("AutoLotto") prior to the closing of the business combination between AutoLotto and the Issuer, the Reporting Person granted the lenders thereof with a right to purchase shares of the Issuer's common stock from the Reporting Person. Following the repayment of the loan in full at the closing of the business combination, the lenders exercised their right to purchase 375,000 shares of common stock from the Reporting Person.
F2: The right to purchase expired 10 days after the closing of the business combination.