Company: SWAGW
Filing Date: 2025-01-22
Form Type: 10-K/A
Source: 0001213900-25-005516
Chunk: 146

Company: Stran & Company, Inc.
Filing Date: 2025-01-22
Form: 10-K/A
Chunk 146
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 | Randolph Birney(12)                              |     |              |       847,619 | -13 |     |              |  4.5 |   |
| Common Stock   |     | Stephen Paradiso(14)                             |     |              |        51,562 |     |     |              |  0.3 |   |

| (1) | Unless otherwise specified, the address of each of the persons named in this table is c/o Stran & 
 Company, Inc., 2 Heritage Drive, Suite 600, Quincy, MA 02171.                                     |

| (2) | Beneficial ownership is determined in accordance with the rules of the SEC and generally includes voting                                  
 or investment power with respect to securities. Under those rules, beneficial ownership includes any shares as to which a person has sole 
 or shared voting power or investment power, and also any shares which the person has the right to acquire within 60 days of March 28,     
 2024, through the exercise or conversion of any stock option, convertible security, warrant or other right. Except as set forth below,    
 each of the beneficial owners listed above has direct ownership of and sole voting power and investment power with respect to the shares  
 of our common stock.                                                                                                                      |

| (3) | Based on 18,607,329 shares of common stock                                                
 issued and outstanding as of March 28, 2024. For each beneficial owner above, any options 
 exercisable within 60 days of March 28, 2024 have been included in the denominator.       |

| (4) | Consisted of 3,417,000                                                                        
 shares of common stock and 202,381 shares of common stock issuable upon exercise of an option 
 within 60 days of March 28, 2024. 3,400,000 of the shares of common stock are pledged as      
 a security interest pursuant to a purchase money promissory note issued to Andrew Stranberg   
 as collateral for Andrew Shape’s repayment obligations under this instrument. Mr. Shape       
 may sell these shares subject to the security interest at prevailing market prices so long    
 as such portion of the sale proceeds as is required under the promissory note to repay the    
 note is so used to repay the note. The foregoing description of this instrument is qualified  
 in its entirety by reference to the full text of such instrument which is filed as Exhibit    
 10.9 to this Annual Report on Form 10-K/A