4//SEC Filing
POWIN CORP 4
Accession 0001214659-15-005921
CIK 0001468780operating
Filed
Aug 6, 8:00 PM ET
Accepted
Aug 7, 4:57 PM ET
Size
7.5 KB
Accession
0001214659-15-005921
Insider Transaction Report
Form 4
POWIN CORPPWON
LU JOSEPH
DirectorCEO/Director10% Owner
Transactions
- Award
Common Stock
2015-08-05$0.56/sh+5,951,946$3,333,090→ 19,349,036 total(indirect: See Footnote) - Purchase
Convertible Preferred Stock
2015-08-05$0.56/sh+5,951,946$3,333,090→ 5,951,946 total(indirect: See Footnote)Exercise: $0.56From: 2015-08-05→ Common Stock (5,591,946 underlying)
Footnotes (3)
- [F1]The Preferred Stock and underlying Common Stock was issued in exchange for, and in satisfaction of, outstanding debt of the Issuer held by the Reporting Person.
- [F2]A portion of the Common Stock is held in the name of Joseph Lu Trust and the Mei Yi Lu Living Trust, respectively.
- [F3]There is no expiration date for the exercise of conversion rights under the Convertible Preferred Stock.
Documents
Issuer
POWIN CORP
CIK 0001468780
Entity typeoperating
Related Parties
1- filerCIK 0001468780
Filing Metadata
- Form type
- 4
- Filed
- Aug 6, 8:00 PM ET
- Accepted
- Aug 7, 4:57 PM ET
- Size
- 7.5 KB