Rodriguez Manuel Antonio 4
4 · BASANITE, INC. · Filed Feb 3, 2022
Insider Transaction Report
Form 4
BASANITE, INC.BASA
Rodriguez Manuel Antonio
Director
Transactions
- Award
Warrants
2022-02-03$0.33/sh+606,061$200,000→ 606,061 totalExercise: $0.33From: 2022-02-02Exp: 2027-02-02→ Common Stock (606,061 underlying) - Award
Stock Option (Right to Buy)
2022-02-01+242,424→ 242,424 totalExercise: $0.33Exp: 2022-02-01→ Common Stock (242,424 underlying) - Award
Restricted Common Stock
2022-02-03$0.33/sh+303,030$100,000→ 303,030 total
Footnotes (2)
- [F1]The option vests in one year on February 1, 2023.
- [F2]These shares and warrants were purchased in a private transaction by the Reporting Person from the Issuer as part of a unit (the "Unit"), although no Units were issued as part of the offering. The shares, and shares underlying the warrants purchased once exercised, will be "restricted securities" as such term is defined by the Securities Act of 1933, as amended.