Sallarulo Paul M. 4
4 · BASANITE, INC. · Filed Apr 5, 2019
Insider Transaction Report
Form 4
BASANITE, INC.BASA
Sallarulo Paul M.
Director
Transactions
- Purchase
Common Stock
2019-03-15$0.05/sh+2,000,000$100,000→ 3,583,333 total - Purchase
Common Stock Warrant
2019-03-15$0.07/sh+2,000,000$150,000→ 2,000,000 totalExercise: $0.07From: 2019-03-15Exp: 2024-03-15→ Common Stock (2,000,000 underlying)
Holdings
- 250,000
Stock Option
Exercise: $0.25From: 2017-10-17Exp: 2022-10-17→ Common Stock (250,000 underlying)
Footnotes (1)
- [F1]On March 15, 2019, Mr. Sallarulo purchassed 2,000,000 restricted common shares for $0.05 per share from the Company. In conjunction with the share price, Mr. Sallarulo wasissued a 5-year warrant to purchase 2,000,000 shares from the Company for a strike price of $0.075 per share.