4//SEC Filing
Feintuch Ira 4
Accession 0001493152-18-005497
CIK 0001429764other
Filed
Apr 18, 8:00 PM ET
Accepted
Apr 19, 5:00 PM ET
Size
15.4 KB
Accession
0001493152-18-005497
Insider Transaction Report
Form 4
Feintuch Ira
Chief Operating Officer
Transactions
- Award
Options to purchase Common Stock
2017-06-16$30.00/sh+7,000$210,000→ 7,000 totalExercise: $30.00→ Common Stock (7,000 underlying) - Award
Common Stock, par value $0.001 per share
2018-03-27+70,548→ 194,535 total - Award
Options to purchase Common Stock
2017-06-16$37.50/sh+9,600$360,000→ 9,600 totalExercise: $37.50→ Common Stock (9,600 underlying) - Conversion
Series C Preferred Stock, $0.001 par value per share
2018-03-27−1,842→ 0 total→ Common Stock (70,548 underlying) - Conversion
Series A Preferred Stock, $0.001 par value per share
2018-03-22−1,000,000→ 0 total→ Common Stock (500,000 underlying)
Footnotes (4)
- [F1]As previously reported on his Form 3 filed on March 14, 2018, Mr. Feintuch owned 1,842 shares of Series C Convertible Preferred Stock (the "Series C Preferred"). These 1,842 shares and an additional 72 shares of Series C Preferred owed to Mr. Feintuch, but never issued to him, were converted into 70,548 restricted shares of Common Stock on March 27, 2018 based on the following formula: the number of Series C shares held by Mr. Feintuch (i) multiplied by a factor of 115, (ii) divided by $3.12 (the conversion price of the Series D Preferred Stock issued to JMJ Financial on February 16, 2018).
- [F2]On June 23, 2017, the Company and Mr. Feintuch entered into a letter agreement with the Company whereby they agreed that, upon the Company's implementation of the Reverse Stock Split, a total of 2,500,000 shares of Common Stock issuable upon conversion of the Series A Preferred Shares prior to the signing of the letter agreement to Mr. Feintuch will be reduced to 200,000 shares of Common Stock. The Reverse Stock Split was implemented on August 29, 2017. On December 7, 2017 Mr. Feintuch signed a letter agreement pursuant to which, upon the closing of this offering, his Series A Preferred Shares will automatically convert into 50,000 shares of Common Stock. As previously reported on his Form 4 filed on March 26, 2018, Mr. Feintuch was issued the 50,000 shares of Common Stock on March 22, 2018.
- [F3]Mr. Feintuch is owed options for 7,000 shares of Common Stock at an exercise price of $30.00 per share pursuant to his Compensation Agreement by and between the Company and Mr. Feintuch, dated June 16, 2017. These options, when issued, will be fully vested and expire five years from the date of issuance.
- [F4]Mr. Feintuch is owed options for 9,600 shares of Common Stock at an exercise price of $37.50 per share pursuant to his Compensation Agreement by and between the Company and Mr. Feintuch, dated June 16, 2017. These options, when issued, will be fully vested and expire five years from the date of issuance.
Documents
Issuer
Blink Charging Co.
CIK 0001429764
Entity typeother
Related Parties
1- filerCIK 0001731928
Filing Metadata
- Form type
- 4
- Filed
- Apr 18, 8:00 PM ET
- Accepted
- Apr 19, 5:00 PM ET
- Size
- 15.4 KB