POWIN CORP 4/A
4/A · POWIN CORP · Filed Aug 22, 2016
Insider Transaction Report
Form 4/AAmended
POWIN CORPPWON
LU JOSEPH
DirectorCEO/Director10% Owner
Transactions
- Sale
Common Stock
2016-07-17$2.51/sh−1,992,403$5,000,932→ 17,358,634 total - Exercise/Conversion
Common Stock
2016-07-10$0.56/sh+5,951,947$3,333,090→ 19,351,037 total
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.