POWIN CORP 4
4 · POWIN CORP · Filed Jan 7, 2016
Insider Transaction Report
Form 4
POWIN CORPPWON
LU JOSEPH
DirectorCEO/Director10% Owner
Transactions
- Purchase
Convertible Preferred Stock
2015-08-05$0.56/sh+5,951,946$3,333,090→ 5,951,946 totalExercise: $0.56From: 2015-08-05→ Common Stock (5,591,946 underlying) - Award
Common Stock
2015-12-31$0.65/sh+500$325→ 19,350,036 total
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 conversion rights under the Convertible Preferred Stock.