CAO MICHAEL HANH 4
4 · Bitech Technologies Corp · Filed Jul 6, 2022
Insider Transaction Report
Form 4
CAO MICHAEL HANH
Director10% Owner
Transactions
- Conversion
Common Stock, par value $0.001
2022-06-27+51,507,749→ 51,507,749 total(indirect: By Spouse) - Conversion
Series A Convertible Preferred Stock
2022-06-27−2,385,692→ 0 total(indirect: By LLC)→ Common Stock (128,769,372 underlying) - Conversion
Common Stock, par value $0.001
2022-06-27+128,769,372→ 180,277,121 total(indirect: By LLC) - Conversion
Series A Convertible Preferred Stock
2022-06-27−954,277→ 0 total(indirect: By Spouse)→ Common Stock (51,507,749 underlying)
Footnotes (3)
- [F1]Each share of Series A Convertible Preferred Stock (the "Series A Preferred Stock") automatically converted into 53.97561 shares of Issuer's common stock for no additional consideration upon the Issuer's filing a certificate of amendment to the certificate of incorporation authorizing a sufficient number of shares of common stock to permit a full conversion of all issued and outstanding Series A Preferred Stock. The Series A Preferred Stock has no expiration date.
- [F2]Includes 128,769,372 shares held directly by B&B Investment Holding LLC and 51,507,749 held by the Reporting Person's spouse.
- [F3]The Reporting Person is the manager of B&B Investment Holding LLC, has voting control over shares owned by B&B Investment Holding LLC, and may be deemed to have indirect beneficial ownership of all or a portion of the securities owned directly by B&B Investment Holding LLC, but disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.