5//SEC Filing
US NUCLEAR CORP. 5
Accession 0001659173-16-000140
CIK 0001543623operating
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 6:20 PM ET
Size
9.4 KB
Accession
0001659173-16-000140
Insider Transaction Report
Form 5
US NUCLEAR CORP.UCLE
Goldstein Robert I
DirectorCEO & President
Transactions
- Award
Common Stock
2014-09-30$0.20/sh+1,000,000$200,000→ 10,150,000 total - Award
Common Stock
2014-11-13−950,000→ 1,000,000 total - Award
Common Stock
2014-11-13+950,000→ 10,150,000 total
Footnotes (2)
- [F1]On September 30, 2014, the Issuer entered into a Forgiveness of Debt and Conversion Agreement with the reporting person. The Issuer owed the reporting person $868,828 in related party debt. The reporting person agreed to forgive $668,828 and the Issuer agreed to convert the balance of the debt of $200,000 into restricted shares of common stock at $0.20 cents per share resulting in the issuance of 1,000,000 shares to the reporting person. These shares were issued on November 5, 2014. The forgiveness of debt was accounted for as a capital contribution by the reporting person.
- [F2]At the time of the Agreement and Plan of Merger disclosed on Form 8-K on October 14, 2013, as subsequently amended on December 31, 2013, the reporting person held title to 9,150,000 shares of common stock. Pursuant to a Cancellation Agreement, which had been incorporated into the Agreement and Plan of Merger, the reporting person agreed to cancel his 9,150,000 shares in consideration of his right to acquire 9,150,000 shares post-merger. The reporting person was issued these shares on November 13, 2014 in consideration of Optron issuing 98,372 shares of its stock to the Issuer. The issuance was completed upon the shares issued to the reporting person equaled the value of the Optron shares issued to the Issuer.
Documents
Issuer
US NUCLEAR CORP.
CIK 0001543623
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001543623
Filing Metadata
- Form type
- 5
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 6:20 PM ET
- Size
- 9.4 KB