LU JOSEPH 4
4 · POWIN ENERGY CORP · Filed Oct 18, 2017
Insider Transaction Report
Form 4
LU JOSEPH
DirectorCEO/Director10% Owner
Transactions
- Purchase
Common Stock
2017-10-16$0.75/sh−4,077,573$3,074,490→ 19,897,830 total
Footnotes (2)
- [F1]The shares were acquired upon the voluntary conversion of promissory notes owed by the Issuer to the Reporting Person in the aggregate principal and interest balance of $3,075,616.40. The effective price per share was calculated based on the aggregate amount of the notes converted and the total number of shares transferred in satisfaction of the notes.
- [F2]These shares are held by the Joseph Lu Trust and by the Mei Yi Living Trust, respectively.