LU DANNY Y 4
4 · POWIN ENERGY CORP · Filed Jan 4, 2018
Insider Transaction Report
Form 4
LU DANNY Y
Director
Transactions
- Purchase
Common Stock
2017-08-14$0.53/sh+2,852,858$1,512,015→ 5,376,464 total - Award
Incentive Stock Options
2017-06-02$1.35/sh+250,000$337,500→ 250,000 totalExercise: $1.35From: 2018-01-01Exp: 2027-06-02→ Common Stock (250,000 underlying)
Footnotes (2)
- [F1]These shares were acquired in a private transaction in consideration of consulting and business advisory services rendered by the Reporting Person to a non-affiliate of the Issuer. The shares were issued in lieu of cash compensation of $1,500,000.
- [F2]917,097 shares are held by Lu Pacific Properties, LLC of which the Reporting Person is a managing member.