4//SEC Filing
BENTON CHARLES F 4
Accession 0001641172-25-018866
CIK 0001463208other
Filed
Jul 13, 8:00 PM ET
Accepted
Jul 14, 6:15 AM ET
Size
6.4 KB
Accession
0001641172-25-018866
Insider Transaction Report
Form 4
BENTON CHARLES F
Director
Transactions
- Other
Series J Senior Convertible Preferred Stock
2025-05-30+37→ 37 totalExercise: $0.00→ Common Stock (3,700,000 underlying)
Footnotes (2)
- [F1]The Series J senior convertible preferred stock is convertible at any time, at the holder's election, at an initial conversion price of $0.001 per share of common stock and is perpetual and therefore has no expiration date. The Series J senior convertible preferred stock is subject to a contractual limitation such that the reporting person may not convert Series J senior convertible preferred stock to the extent that after giving effect to such conversion, the reporting person (together with its attribution parties as defined in the certificate of designations) would beneficially own in excess of 4.99% of the shares of common stock outstanding immediately after giving effect to such conversion.
- [F2]Received pursuant to a settlement agreement between the Reporting Person and the Issuer, dated May 30, 2025, in exchange for the settlement of $3,686.76 in outstanding liabilities owed by the Issuer.
Documents
Issuer
Transportation & Logistics Systems, Inc.
CIK 0001463208
Entity typeother
Related Parties
1- filerCIK 0001609128
Filing Metadata
- Form type
- 4
- Filed
- Jul 13, 8:00 PM ET
- Accepted
- Jul 14, 6:15 AM ET
- Size
- 6.4 KB