POWIN CORP 4
4 · POWIN CORP · Filed Jan 7, 2016
Insider Transaction Report
Form 4
POWIN CORPPWON
LU DANNY Y
Vice-President10% Owner
Transactions
- Award
Common Stock
2015-12-31$0.65/sh+500$325→ 2,522,604 total - Purchase
Convertible Preferred Stock
[F3][F1]2015-08-05$0.56/sh+1,001,008$560,564→ 1,001,008 totalExercise: $0.56From: 2015-08-05→ Common Stock (1,001,008 underlying) - Purchase
Convertible Preferred Stock
[F3][F2]2015-08-05$0.56/sh+917,096$513,574→ 917,096 total(indirect: See footnote)Exercise: $0.56From: 2015-08-05→ Common Stock (917,096 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]The Preferred Stock was issued in exchange for, and in satisfaction of, outstanding debt of the Issuer held by Lu Pacific Properties, LLC of which the Reporting person is a managing member.
- [F3]There is no expiration date for the conversion rights under the Convertible Preferred Stock.
Signature
/s/ Danny Y. Lu|2016-01-07