Home/Filings/4/0001641172-25-000056
4//SEC Filing

Miller Glen Martin 4

Accession 0001641172-25-000056

CIK 0001514056other

Filed

Mar 19, 8:00 PM ET

Accepted

Mar 20, 2:57 PM ET

Size

11.1 KB

Accession

0001641172-25-000056

Insider Transaction Report

Form 4
Period: 2024-07-02
Miller Glen Martin
DirectorChief Executive Officer10% Owner
Transactions
  • Award

    Options to Purchase Common Stock

    2024-12-31+10,000,00010,000,000 total
    Exercise: $0.04From: 2024-12-31Exp: 2029-12-31Common Stock (10,000,000 underlying)
  • Other

    Series B Preferred Stock

    2024-07-02+5,0455,045 total
    Exercise: $0.05Common Stock
  • Other

    Warrants to Purchase Common Stock

    2024-07-02+504,500504,500 total
    Exercise: $0.06From: 2024-07-02Exp: 2029-07-02Common Stock (504,500 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]The shares of Series B Convertible Preferred Stock reported herein (the "Series B Preferred Stock") were granted to the reporting person by the Issuer, along with the Warrants (as defined in footnote 3), in exchange for promissory notes previously issued to the reporting person by the Issuer in the aggregate principal amount of $50,000 (the "Exchange Notes"). Each share of Series B Preferred Stock shall be convertible at any time into that number of shares of the Issuer's common stock, par value $0.0001 per share, calculated by dividing the sum of $10.00 for each share of Series B Preferred Stock being converted, plus any accrued but unpaid dividends and any other amounts payable hereunder with respect thereto, by $0.05. The Series B Preferred Stock has no expiration date.
  • [F3]The warrants reported herein (the "Warrants") were granted to the reporting person by the Issuer, along with the Series B Preferred Stock, in exchange for the Exchange Notes.

Documents

1 file

Issuer

Titan Environmental Solutions Inc.

CIK 0001514056

Entity typeother

Related Parties

1
  • filerCIK 0001979669

Filing Metadata

Form type
4
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 2:57 PM ET
Size
11.1 KB