4//SEC Filing
POWIN CORP 4
Accession 0001214659-16-013314
CIK 0001468780operating
Filed
Aug 17, 8:00 PM ET
Accepted
Aug 18, 1:43 PM ET
Size
7.0 KB
Accession
0001214659-16-013314
Insider Transaction Report
Form 4
POWIN CORPPWON
LU JOSEPH
DirectorCEO/Director10% Owner
Transactions
- Exercise/Conversion
Common Stock
2016-07-10$0.56/sh+5,951,947$3,333,090→ 19,351,037 total(indirect: See Footnote) - Sale
Common Stock
2016-07-17$2.51/sh−1,992,402$5,000,929→ 17,358,635 total(indirect: See Footnote)
Footnotes (3)
- [F1]The shares were pledged to a private party for a loan to the Reporting Person and eventually assigned and transferred to the lender in full satisfaction of the loan. The price per share is based on the amount of the loan and the number of shares pledged.
- [F2]These shares are held by the Joseph Lu Trust and by the Mei Yi Living Trust, respectively.
- [F3]The reported 5,951,947 shares were issued upon the conversion of the Issuer's 2015 Preferred Stock at the ratio of one --for-one. The price of the common stock issued upon the conversion reflects the original issuance price per share for the preferred stock.
Documents
Issuer
POWIN CORP
CIK 0001468780
Entity typeoperating
Related Parties
1- filerCIK 0001468780
Filing Metadata
- Form type
- 4
- Filed
- Aug 17, 8:00 PM ET
- Accepted
- Aug 18, 1:43 PM ET
- Size
- 7.0 KB