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Blink Charging Co. Director's Dealing 2018

Apr 12, 2018

33703_dirs_2018-04-12_a75ddf7a-feea-45a8-ae92-6b9642b35f9b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Blink Charging Co. (BLNK)
CIK: 0001429764
Period of Report: 2018-04-09

Reporting Person: Feintuch Ira (Chief Operating Officer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-04-09 Warrants to purchase Common Stock $4.25 A 34974 Acquired 2023-04-09 Common Stock (34974) Direct

Footnotes

F1: 34,974 warrants to purchase shares of Common Stock were issued to Mr. Feintuch as payment of (a) $43,555 owed to Mr. Feintuch which represents 25% of the accrued commissions on hardware sales and revenue from charging stations for the period of November 2015 through March 2017 owed to Mr. Feintuch pursuant to the compensation agreement between the Company and Mr. Feintuch, dated June 16, 2017 (the "Compensation Agreement") and; (b) $15,902 owed to Mr. Feintuch which represents 25% of the accrued commissions on hardware sales and revenue from charging stations for the period of April 2017 through February 13, 2018 owed to Mr. Feintuch pursuant to an oral agreement between the Company and Mr. Feintuch.

F2: This oral agreement was reached pursuant to Section 3(B) of the Compensation Agreement. The total amount of $59,457 owed to Mr. Feintuch was divided by $3.40, a 20% discount to the public offering price of $4.25 per unit, which is equal to 17,487 units of one share of common stock and two warrants each to purchase one share of common stock. The 17,487 shares of common stock were previously issued to Mr. Feintuch, as reported on a Form 4 filed by Mr. Feintuch on March 26, 2018.