3//SEC Filing
Puritan Partners LLC 3
Accession 0001553350-20-000399
CIK 0001463208other
Filed
May 5, 8:00 PM ET
Accepted
May 6, 8:56 PM ET
Size
7.0 KB
Accession
0001553350-20-000399
Insider Transaction Report
Form 3
Puritan Partners LLC
10% Owner
Holdings
Original Issue Discount Senior Convertible Note
Exercise: $2.50From: 2019-08-30Exp: 2020-11-30→ Common StockCommon Stock Purchase Warrant
Exercise: $3.50From: 2019-08-30Exp: 2024-08-30→ Common Stock (222,223 underlying)- 4,300,000
Common Stock
Footnotes (4)
- [F1]Reference is made to a Schedule 13G filed by the Reporting Person on May 5, 2020 for details on how the Reporting Person inadvertently became a beneficial owner of more than 4.99% of outstanding common stock based on incorrect information provided by the issuer's transfer agent. Based upon the advice of counsel, the Reporting Person is filing this Form 3 and a Form 4 without the ability to verify outstanding shares.
- [F2]Gives effect to the sale of 3,100,000 shares of common stock on April 17, 2020.
- [F3]The conversion price is subject to adjustment in accordance with the Convertible Note.
- [F4]The exercise price is subject to adjustment in accordance with the Common Stock Purchase Warrant.
Documents
Issuer
Transportation & Logistics Systems, Inc.
CIK 0001463208
Entity typeother
IncorporatedNY
Related Parties
1- filerCIK 0001810874
Filing Metadata
- Form type
- 3
- Filed
- May 5, 8:00 PM ET
- Accepted
- May 6, 8:56 PM ET
- Size
- 7.0 KB