4//SEC Filing
Sallarulo Paul M. 4
Accession 0001553350-20-001049
CIK 0001448705other
Filed
Nov 22, 7:00 PM ET
Accepted
Nov 23, 6:01 PM ET
Size
7.4 KB
Accession
0001553350-20-001049
Insider Transaction Report
Form 4
BASANITE, INC.BASA
Sallarulo Paul M.
Director
Transactions
- Exercise of In-Money
Common Stock
2020-11-19$0.04/sh+2,000,000$75,000→ 5,584,493 total - Exercise of In-Money
Warrant
2020-11-19$0.04/sh−2,000,000$75,000→ 0 totalExercise: $0.04From: 2019-03-15Exp: 2024-03-15→ Common Stock (2,000,000 underlying)
Footnotes (1)
- [F1]On November 19, 2020, the Reporting Person converted a Common Stock Warrant dated March 15, 2019 (the "Warrant") for 2,000,000 shares of the Issuer's common stock at a per share exercise price of $0.0375, or an aggregate exercise price of $75,000. The Warrant had an initial exercise price of $0.075. All shares of common stock issued pursuant to the exercise are "restricted securities" as defined by the Securities Act of 1933, as amended.
Documents
Issuer
BASANITE, INC.
CIK 0001448705
Entity typeother
Related Parties
1- filerCIK 0001724232
Filing Metadata
- Form type
- 4
- Filed
- Nov 22, 7:00 PM ET
- Accepted
- Nov 23, 6:01 PM ET
- Size
- 7.4 KB