EnergyTEK Corp. 4
4 · EnergyTEK Corp. · Filed Sep 15, 2016
Insider Transaction Report
Form 4
EnergyTEK Corp.ENTK
RASSAS JEFFREY
Chief Strategy Officer
Transactions
- Award
Warrants (Right to Buy)
2016-09-13+340,885→ 340,885 total(indirect: By Partnership)Exercise: $0.06From: 2016-09-13Exp: 2021-09-07→ Common Stock (340,885 underlying) - Award
Common Stock
2016-09-13+5,049,242→ 5,049,242 total(indirect: By Partnership)
Footnotes (1)
- [F1]On September 13, 2016, the issuer acquired Timefire LLC, a privately-held limited liability company ("Timefire") through a merger of Timefire with a subsidiary of the issuer. As merger consideration, holders of Timefire's securities received shares of the issuer's common stock and warrants with the terms reported above. The reporting person, a former security holder of Timefire, acquired these securities in connection with the merger. The closing price of the issuer's common stock on the OTCQB on September 13, 2016 was $.0452.