What if its uncovered theyre filing the Form in paper and selling shares or getting loans from a broker for the shares?
A reporting person must file this Form in electronic format via the Commission’s Electronic Data Gathering Analysis and Retrieval System (EDGAR) in accordance with EDGAR rules set forth in Regulation S-T (17 CFR Part 232), except that a filing person that has obtained a hardship exception under Regulation S-T Rule 202 (17 CFR 232.202) may file the Form in paper. https://www.sec.gov/about/forms/form4data.pdf
They look more like options/warrants than shares...price is always $0.00.
5. Price of Securities (a) Prices of securities shall be reported in U.S. dollars on a per share basis, not an aggregate basis, except that the aggregate price of debt shall be stated. Amounts reported shall exclude brokerage commissions and other costs of execution. (b) If consideration other than cash was paid for the security, describe the consideration, including the value of the consideration, in the space provided for explanation of responses. https://www.sec.gov/about/forms/form4data.pdf
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