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Blink Charging Co. — Director's Dealing 2018
Mar 14, 2018
33703_dirs_2018-03-14_2239fece-fbea-40bb-ad0e-e57d09968a59.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Blink Charging Co. (BLNK)
CIK: 0001429764
Period of Report: 2018-02-13
Reporting Person: Feintuch Ira (Chief Operating Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $0.001 par value per share | 30000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Options to Purchase Common Stock | $50 | 2018-03-24 | Common Stock (4200) | Direct | |
| Options to Purchase Common Stock | $73 | 2018-03-24 | Common Stock (12000) | Direct | |
| Options to Purchase Common Stock | $64 | 2018-03-24 | Common Stock (13733) | Direct | |
| Series A Preferred Stock, $0.001 par value per share | $0 | Common Stock () | Direct | ||
| Series C Preferred Stock, $0.001 par value per share | $ | Common Stock () | Direct |
Footnotes
F1: On June 23, 2017, the Company and Mr. Feintuch entered into a letter agreement with the Company whereby they agreed that, upon the Company's implementation of the Reverse Stock Split, a total of 2,500,000 shares of Common Stock issuable upon conversion of the Series A Preferred Shares prior to the signing of the letter agreement to Mr. Feintuch will be reduced to 200,000 shares of Common Stock. The Reverse Stock Split was implemented on August 29, 2017. On December 7, 2017 Mr. Feintuch signed a letter agreement pursuant to which, upon the closing of this offering, his Series A Preferred Shares will automatically convert into 50,000 shares of Common Stock.
F2: The 1,842 shares of Series C Convertible Preferred Stock Mr. Feintuch currently owns are convertible into shares of Common Stock based on the following formula: the number of outstanding Series C Preferred Shares (i) multiplied by a factor of 115 (ii) divided by the public offering price of $4.25, (iii) multiplied by 80%.