CELLI FRANK E. 4
4 · Titan Environmental Solutions Inc. · Filed Mar 20, 2025
Insider Transaction Report
Form 4
CELLI FRANK E.
Director10% Owner
Transactions
- Award
Options to Purchase Common Stock
2024-12-31+8,500,000→ 8,500,000 totalExercise: $0.04From: 2024-12-31Exp: 2029-12-31→ Common Stock (8,500,000 underlying) - Purchase
Series C Preferred Stock
2025-03-05$2.00/sh+125,000$250,000→ 125,000 total→ Common Stock - Other
Warrants to Purchase Common Stock
2024-07-02+2,018,300→ 2,018,300 totalExercise: $0.06From: 2024-07-02Exp: 2029-07-02→ Common Stock (20,185,300 underlying)
Footnotes (3)
- [F1]The securities reported herein were granted to the reporting person by Titan Environmental Solutions Inc. (the "Issuer") pursuant to the Issuer's 2023 Equity Incentive Plan.
- [F2]Each share of Series C Preferred Stock is convertible any time into the Issuer's common stock, par value $0.0001 per share, calculated by dividing the sum of the stated value of $2.40, plus any accrued but unpaid dividends, by the conversion price of $0.05. The Series C Preferred Stock has no expiration date.
- [F3]The warrants reported herein were granted to the reporting person by the Issuer in exchange for promissory notes previously issued to the reporting person by the Issuer in the aggregate principal amount of $200,000.