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USBC, Inc. — Director's Dealing 2025
Aug 8, 2025
33069_dirs_2025-08-08_e068ab89-c0b8-432c-ad9e-7b3008b82405.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KNOW LABS, INC. (KNW)
CIK: 0001074828
Period of Report: 2025-08-06
Reporting Person: ERICKSON RONALD P (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-08-06 | Common Stock | A | 335000 | — | Acquired | 472202 | Direct |
| 2025-08-06 | Common Stock | J | 2000000 | — | Acquired | 2000000 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-08-06 | Series H Convertible Preferred Stock | $0.335 | J | 16916 | Disposed | Common Stock (16916) | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Warrant to Purchase Common Stock | $9.6 | 2026-01-31 | Common Stock (21375) | 21375 | Direct |
| Warrant to Purchase Common Stock | $9.6 | 2026-01-31 | Common Stock (25992) | 25992 | Indirect |
| Warrant to Purchase Common Stock | $61.2 | 2025-12-15 | Common Stock (50000) | 50000 | Direct |
Footnotes
F1: On August 6, 2025 (the "Grant Date"), the Reporting Person was awarded 335,000 shares of common stock of the Issuer, 50% of which is fully vested on the Grant Date and the remainder of which (the "restricted shares") will vest in 8 quarterly installments with the first two installments vesting six months after the Grant Date. The restricted shares vest in full in the event of a sale of all or substantially all of the Company's sensor related intellectual property or an involuntary termination of Mr. Erickson's employment.
F2: Includes unvested restricted shares.
F3: On the Grant Date, the Issuer redeemed 16,916 shares of Series H Convertible Preferred Stock held by J3E2A2Z (as defined below) for a combination of cash and common stock at a redemption price equal to the stated value of $70, plus all accrued and unpaid dividends in an amount of $140,210.15, resulting in (i) a cash payment to J3E2A2Z of $654,276.15 in the aggregate and (ii) the issuance to J3E2A2Z of 2,000,000 shares of common stock in the aggregate, at a conversion price of $0.335 per share.
F4: Held by J3E2A2Z Limited Partnership ("J3E2A2Z"), an entity affiliated with Ronald P. Erickson.
F5: Price subject to adjustment.