GRAHAM ROBERT A. 4
4 · BIOHITECH GLOBAL, INC. · Filed Aug 22, 2017
Insider Transaction Report
Form 4
GRAHAM ROBERT A.
Director
Transactions
- Exercise of In-Money
Warrants
2017-08-17+9,091→ 9,091 total(indirect: Held by Penn Ventures, L.P.)Exercise: $3.30From: 2017-08-17Exp: 2022-08-17→ Common Stock (9,091 underlying) - Exercise of In-Money
Convertible Promissory Note
2017-08-17$100000.00/sh+1$100,000→ 1 total(indirect: Held by Penn Venture Partners, L.P.)Exercise: $2.75From: 2017-08-17Exp: 2019-07-06→ Common Stock (9,091 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 799,877 shares held by Penn Venture Partners, L.P. ("Penn Venture") over which Mr. Graham holds voting and dispositive power. The address of Penn Venture is 132 State Street, Harrisburg, PA 12101.
- [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.