CHAMBERS JAMES D. 4
4 · BIOHITECH GLOBAL, INC. · Filed Aug 22, 2017
Insider Transaction Report
Form 4
CHAMBERS JAMES D.
Director
Transactions
- Exercise of In-Money
Convertible Promissory Note
2017-08-17$100000.00/sh+1$100,000→ 1 total(indirect: By LLC)Exercise: $2.75From: 2017-08-17Exp: 2019-07-06→ Common Stock (36,364 underlying) - Exercise of In-Money
Warrants
2017-08-17+36,364→ 36,364 total(indirect: By LLC)Exercise: $3.30From: 2017-08-17Exp: 2022-08-17→ Common Stock (36,364 underlying)
Footnotes (5)
- [F1]Represents the highest possible conversion price of the note.
- [F2]Represents the number of shares of common stock, par value $$0.0001 per share ("Common Stock") into which the note is convertible based on the conversion price of $2.75 per share. The note is convertible into an indeterminable number of shares.
- [F3]Does not include 32,451 shares of common stock held by the reporting person and 837,296 shares held by Conundrum Capital Partners, LLC ("Conundrum") over which Mr. Chambers holds voting and dispositive power. The address of Conundrum is 317 Eatons Landing Drive, Annapolis, MD 21401.
- [F4]Based on 120% of the conversion price of $2.75 per share. The warrants are exercisable into an indeterminable number of shares.
- [F5]Represents the number of shares of Common Stock into which the warrants are exercisable based on the exercise price of $3.30 per share.