Titan Advisors, LLC 3
3 · Toughbuilt Industries, Inc · Filed Jan 10, 2019
Insider Transaction Report
Form 3
Titan Advisors, LLC
10% Owner
Holdings
- (indirect: See footnote)
Series B Warrants
Exercise: $5.50Exp: 2019-11-13→ Common Stock (925,000 underlying) - 1,416,743(indirect: See Footnote)
Class A common stock, $0.0001 par value per share
- (indirect: See footnote)
Series A Warrants
Exercise: $5.50Exp: 2023-11-13→ Common Stock (925,000 underlying)
Footnotes (2)
- [F1]The shares of Class A common stock and options reported herein are held of record by HSPL Holdings , LLC. Titan Advisors, LLC is the Manager of HSPL Holdings, LLC. Each Reporting Person disclaims beneficial ownership of the shares of Common Stock, except to the extent of its pecuniary interest therein, and this shall not be deemed to be an admission that HSPL is a beneficial owner of such shares of Common Stock.
- [F2]The warrants are currently exercisable but each Reporting Person may not exercise due to a beneficial ownership limitation of 9.99% and such shares underlying the warrants are not counted for purposes of beneficial ownership to the extent that the beneficial ownership limitation is applicable.