4//SEC Filing
Donino Thomas 4
Accession 0001193805-18-000114
CIK 0001128353other
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 1:23 PM ET
Size
16.1 KB
Accession
0001193805-18-000114
Insider Transaction Report
Form 4
ENERTECK CORPETCK
Donino Thomas
Director10% Owner
Transactions
- Award
Common Stock
2018-01-31$0.20/sh+3,471,250$694,250→ 12,833,262 total - Award
Common Stock
2018-01-31$0.30/sh+166,667$50,000→ 8,022,782 total - Award
Common Stock
2018-01-31$0.40/sh+250,000$100,000→ 7,856,115 total - Award
Common Stock
2018-01-31$0.20/sh+539,230$107,846→ 8,562,012 total - Award
Common Stock
2018-01-31$0.25/sh+800,000$200,000→ 9,362,012 total
Holdings
- 46,500(indirect: By Children)
Common Stock
- 2,450,000(indirect: By LLC)
Common Stock
- 1,131,300(indirect: Through BATL Management LP)
Common Stock
Footnotes (5)
- [F1]This Form 4 is being filed by Thomas Donino.
- [F2]On January 31, 2018, the reporting person entered into a 2017 Consolidated Conversion and Subscription Agreement with the Issuer pursuant to which the reporting person (a) agreed to convert $100,000 advanced in 2010 into 250,000 shares of Common Stock at a conversion price of $0.40 per share; and (b) agreed to convert $50,000 advanced in 2012 into 166,667 shares at a conversion price of $0.30 per share; and the Issuer agreed to issue and the reporting person agreed to accept (c) 539,230 shares at $0.20 per share in payment of the interest on the 2010 and 2012 advances in the amount of $107,846; (d) 800,000 shares at $0.25 per share in full consideration for cash contributions made in 2015 of $200,000; (e) 2,150,000 shares at $0.20 per share in full consideration for cash contributions made in 2016 of $430,000; and (f) 1,321,250 shares at $0.20 per share in full consideration for cash contributions made in 2017 of $264,250.
- [F3]This amount reflects the amount of securities held by BATL Management LP ("BML"). Mr. Donino is the sole officer, director and shareholder of BML's general partner. BML is a family limited partnership whose members are certain relatives and trusts for the benefit of certain relatives of Mr. Donino. In accordance with Instruction 4(b)(iv) of Form 4, the entire amount of the Issuer's securities held by BML is reported herein. Mr. Donino disclaims, for purposes of Section 16 of the Securities Exchange Act of 1934, beneficial ownership of such securities, except to the extent of the indirect pecuniary interest therein held by Mr. Donino and members of his immediate family, and this report shall not be deemed an admission that Mr. Donino is the beneficial owner of such securities for purposes of Section 16 or for any other purposes.
- [F4]This amount reflects the amount of securities held by BATL Bioenergy LLC ("BBL"). Mr. Donino is the president and managing member of BBL. In accordance with Instruction 4(b)(iv) of Form 4, the entire amount of the Issuer's securities held by BBL is reported herein. Mr. Donino disclaims, for purposes of Section 16 of the Securities Exchange Act of 1934, beneficial ownership of such securities, except to the extent of his indirect pecuniary interest therein, and this report shall not be deemed an admission that Mr. Donino is the beneficial owner of such securities for purposes of Section 16 or for any other purposes. BML disclaims beneficial ownership over all shares held by BBL.
- [F5]This amount reflects 46,500 shares held by the reporting person as custodian for his children.
Documents
Issuer
ENERTECK CORP
CIK 0001128353
Entity typeother
Related Parties
1- filerCIK 0001347082
Filing Metadata
- Form type
- 4
- Filed
- Feb 1, 7:00 PM ET
- Accepted
- Feb 2, 1:23 PM ET
- Size
- 16.1 KB