Interstate Batteries, Inc. 4
4 · Aqua Metals, Inc. · Filed Jun 28, 2018
Insider Transaction Report
Form 4
Interstate Batteries, Inc.
10% Owner
Transactions
- Disposition to Issuer
Warrant to Purchase Common Stock
2018-06-24−702,247→ 0 total(indirect: By subsidiary)Exercise: $7.12From: 2016-05-24Exp: 2018-06-24→ Common Stock (702,247 underlying) - Award
Warrant to Purchase Common Stock
2018-06-24+702,247→ 702,247 total(indirect: By subsidiary)Exercise: $3.33From: 2018-06-24Exp: 2020-06-23→ Common Stock (702,247 underlying)
Footnotes (2)
- [F1]The stock warrant was repriced pursuant to an Omnibus Amendment Agreement, dated as of June 24, 2018, by and among the Issuer, Interstate Emerging Investments, LLC and the other party thereto, to (a) decrease the exercise price from $7.12 to $3.33 and (b) extend the expiration date from June 24, 2018 to June 23, 2020.
- [F2]These securities are directly owned by Interstate Emerging Investments, LLC. The reporting entity is the sole member of Interstate Emerging Investments, LLC.