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Blink Charging Co. — Director's Dealing 2023
Apr 6, 2023
33703_dirs_2023-04-06_246fd76f-345e-406f-8def-458f83d5b927.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: 2023-04-04
Reporting Person: FARKAS MICHAEL D (Director, Chairman & CEO, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-04-04 | Common Stock, par value $0.001 per share ("Common Stock") | X | 780432 | $4.25 | Acquired | 2922929 | Direct |
| 2023-04-04 | Common Stock | S | 396998 | $8.3548 | Disposed | 2525931 | Direct |
| 2023-04-05 | Common Stock | G | 50000 | — | Disposed | 2475931 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-04-04 | Warrants to purchase shares of Common Stock | $4.25 | X | 780432 | Disposed | 2023-04-09 | Common Stock (780432) | Direct |
| 2023-04-04 | Warrants to purchase shares of Common Stock | $8.82 | A | 780432 | Acquired | 2028-04-04 | Common Stock (780432) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4072616 | Indirect |
| Common Stock | 81441 | Indirect |
| Common Stock | 15000 | Indirect |
| Common Stock | 7200 | Indirect |
| Common Stock | 80 | Indirect |
Footnotes
F1: On April 4, 2023, Mr. Farkas exercised a warrant to purchase 780,432 shares of the issuer's Common Stock for $4.25 per share. Mr. Farkas paid the exercise price on a cashless basis, resulting in the issuer's withholding of 396,998 of the warrant shares to pay the exercise price and issuing to Mr. Farkas the remaining 383,434 shares.
F2: Mr. Farkas disposed of 50,000 shares of Common Stock as a bona fide gift to the Sammy Farkas Foundation Inc. (the "Foundation"). Mr. Farkas does not have voting or investment power with respect to the shares held by the Foundation.
F3: Mr. Farkas has voting and investment power with respect to these shares.
F4: Mr. Farkas has voting and investment power and serves as custodian for shares held by his children.
F5: Mr. Farkas has voting and investment power as trustee with respect to these shares.
F6: Mr. Farkas is a beneficiary of these shares.
F7: Reflects the one-time "evergreen" grant to Mr. Farkas of warrants to purchase 780,432 shares of the issuer's Common Stock at an exercise price of $8.82 per share, in replacement of the exercised warrants referenced in footnote 1 above. These warrants were granted pursuant to Rule 16b-3(d).