AI assistant
Quest Resource Holding Corp — Director's Dealing 2014
Apr 30, 2014
34773_dirs_2014-04-30_62343ce4-3f2a-4cd3-99db-eb77eb4beb77.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Quest Resource Holding Corp (QRHC)
CIK: 0001442236
Period of Report: 2014-04-28
Reporting Person: SALTZ MITCHELL A (Director, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-04-28 | Call Options (obligation to sell) | $2.00 | S | 6000000 | Disposed | Common Stock (6000000) | Indirect |
Footnotes
F1: Southwest Green Investments, L.L.C. ("Southwest Green") entered into a private transaction pursuant to which Southwest Green granted an option (the "Option") to purchase up to 6,000,000 shares of the Issuer's common stock (the "Option Stock"), under an option to purchase, dated April 28, 2014, between Southwest Green and the individual named therein (the "Option to Purchase").
F2: Represents the initial price of the Option Stock, which is subject to adjustment pursuant to the terms of the Option to Purchase.
F3: The Option shall expire at the end of the first anniverary of the occurrence of the later to occur of the following two events, each of which must occur in order to begin the tolling of the expiration of such term: (i) the listing of the Issuer's common stock on the NASDAQ Stock Market, the New York Stock Exchange, or the NYSE MKT or (ii) the date the Securities and Exchange Commission has declared effective under the Securities Act a registration statement on Form S-1 or Form S-3 covering the offering of the Option Stock.
F4: The securities are held by Southwest Green, of which the reporting person controls the investment decisions. Southwest Green is owned by a limited partnership in which the Reporting Person owns an indirect interest.