MAHONEY SCOTT 4
4 · Taronis Fuels, Inc. · Filed Jan 25, 2021
Insider Transaction Report
Form 4
MAHONEY SCOTT
DirectorChief Executive Officer
Transactions
- Award
Common stock, par value $0.000001 per share
2021-01-21$4.59/sh+49,020$225,002→ 295,121 total
Footnotes (2)
- [F1]Represents shares of common stock issued to Mr. Mahoney in lieu of $225,000 in cash bonus compensation earned by Mr. Mahoney for the fiscal year ending December 31, 2020. The shares of common stock vest one year from the date of issuance. The shares were issued at a per share price of $4.59, representing the Issuer's closing stock price on January 20, 2021 as reported on the OTCQB.
- [F2]Mr. Mahoney's beneficial ownership is comprised of 50 common stock options; 13 shares of free trading common stock; 27,100 shares of common stock that vests in equal weekly installments through the end of December 31, 2021; 49,020 shares of common stock subject to vesting as described in (1) above; 178,938 shares of restricted common stock; and 40,000 restricted stock units. Mr. Mahoney beneficially owns 295,121 shares in total.