Chong Alexander C. 4
4 · CQENS Technologies Inc. · Filed Oct 2, 2020
Insider Transaction Report
Form 4
Chong Alexander C.
DirectorChief Executive Officer10% Owner
Transactions
- Award
Series B Common Stock Purchase Warrants
2020-09-30+7,000,000→ 7,000,000 total(indirect: See footnote)Exercise: $5.31From: 2026-09-30Exp: 2029-09-30→ common stock (7,000,000 underlying) - Award
Series A Common Stock Purchase Warrants
2020-09-30+7,000,000→ 7,000,000 total(indirect: See footnote)Exercise: $5.31From: 2023-09-30Exp: 2026-09-30→ common stock (7,000,000 underlying) - Award
stock options
2020-10-01+175,000→ 175,000 totalExercise: $5.31From: 2020-10-01Exp: 2025-10-01→ common stock (175,000 underlying) - Award
Series C Common Stock Purchase Warrants
2020-09-30+7,000,000→ 7,000,000 total(indirect: See footnote)Exercise: $5.31From: 2029-09-30Exp: 2032-09-30→ common stock (7,000,000 underlying)
Footnotes (2)
- [F1]Issued to Xten Capital Group, Inc. ("Xten") as consideration under the terms of an Asset Purchase Agreement dated September 30, 2020 by and between the Issuer and Xten. Mr. Chong holds voting and dispositive control over securities held of record by Xten.
- [F2]Represents options granted under the Issuer's 2019 Equity Compensation Plan as additional compensation to the Reporting Person.