Home/Filings/4/0001213900-16-014446
4//SEC Filing

BioSolar Inc 4

Accession 0001213900-16-014446

$NEWHCIK 0001371128operating

Filed

Jun 22, 8:00 PM ET

Accepted

Jun 23, 2:29 PM ET

Size

7.6 KB

Accession

0001213900-16-014446

Insider Transaction Report

Form 4
Period: 2016-06-21
LEE DAVID DONGHIE
DirectorCEO, Acting CFO
Transactions
  • Other

    Common Stock

    2016-06-21+330,5583,453,055 total
  • Other

    Convertible Note

    2016-06-21330,5580 total
    From: 2013-06-05Exp: 2017-06-05Common Stock (330,558 underlying)
Footnotes (1)
  • [F1]Common Stock was issued to Reporting person upon the conversion of $33,000 principal and $5,014.17 interest of a convertible promissory note granted to the Reporting Person by the Issuer pursuant to a Convertible Note Agreement dated June 5, 2013 which was issued directly to Reporting Person by the Issuer in satisfaction of unpaid salary. The balance of the Promissory Note was convertible into shares of the Issuer's common stock at a conversion price equal to the lesser of (i) $0.24 per share, or (ii) the closing prices of the Issuer's common stock on the last complete trading day immediately preceding the date of conversion. The original balance of the Promissory Note was $128,000. There is no longer a balance on this Promissory Note.

Issuer

BioSolar Inc

CIK 0001371128

Entity typeoperating
IncorporatedNV

Related Parties

1
  • filerCIK 0001371128

Filing Metadata

Form type
4
Filed
Jun 22, 8:00 PM ET
Accepted
Jun 23, 2:29 PM ET
Size
7.6 KB