Thomsen Scott Viggo 4
4 · C-Bond Systems, Inc · Filed Dec 16, 2019
Insider Transaction Report
Form 4
Thomsen Scott Viggo
Director
Transactions
- Award
Series B Convertible Preferred Stock
2019-12-12$1000.00/sh+333$333,000→ 333 totalExercise: $0.06From: 2020-05-01→ Common Stock (333,000 underlying)
Footnotes (3)
- [F1]On December 12, 2019, pursuant to a liability reduction plan, C-Bond Systems, Inc. issued Mr. Thomsen 333 shares of Series B Convertible Preferred Stock ("Series B"). The Series B has a stated value of $1,000 per share and is convertible into shares of common stock, par value $0.001, at $0.06 per share.
- [F2]The shares of Series B granted to Mr. Thomsen will vest on May 1, 2020.
- [F3]No expiration date.