4//SEC Filing
Lanphere Michael A. 4
Accession 0001582945-19-000024
CIK 0001425627other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 3:35 PM ET
Size
7.0 KB
Accession
0001582945-19-000024
Insider Transaction Report
Form 4
Lanphere Michael A.
V.P. of Legal Affairs10% Owner
Transactions
- Purchase
Common Stock
2019-08-28$0.10/sh+5,206,430$520,643→ 50,144,878 total - Purchase
Common Stock
2019-08-28$0.00/sh+21,400,745$96,303→ 71,545,623 total
Footnotes (2)
- [F1]The Reporting Person acquired 5,206,430 shares of the Issuer's common stock in exchange for 520,643 shares of the Issuer's Series A Preferred Stock pursuant to the terms of a Share Exchange Agreement. The exchange was agreed to in order to assist the Issuer in complying with the closing conditions of an Asset Purchase Agreement with IDTEC, LLC.
- [F2]The Reporting Person acquired 21,400,745 shares of the Issuer's common stock in exchange for a $96,303.35 reduction in the amount the Issuer owes the Reporting Person under certain promissory notes. The transaction was documented with a Stock Purchase Agreement and was completed in order to assist the Issuer in complying with the closing conditions of an Asset Purchase Agreement with IDTEC, LLC.
Documents
Issuer
TransBiotec, Inc.
CIK 0001425627
Entity typeother
Related Parties
1- filerCIK 0001630553
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 3:35 PM ET
- Size
- 7.0 KB