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SOBR Safe, Inc. — Director's Dealing 2020
Jan 16, 2020
35413_dirs_2020-01-16_b32ac303-6ebc-467c-8783-f568c5438350.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TransBiotec, Inc. (IMLE)
CIK: 0001425627
Period of Report: 2019-10-25
Reporting Person: Gandini David Joseph (Director, Chief Revenue Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-10-25 | Common Stock Option | $0.0079 | A | 8000000 | Acquired | 2029-10-31 | Common Stock (8000000) | Direct |
| 2019-10-25 | Common Stock Option | $0.0079 | A | 24000000 | Acquired | 2029-11-25 | Common Stock (24000000) | Direct |
Footnotes
F1: Pursuant to the Reporting Person's Employment Agreement as the Issuer's Chief Revenue Officer, the Reporting Person was issued a stock option to acquire 8,000,000 shares of the Issuer's common stock at $0.00792 per share, with 6,666,600 options vesting on October 31, 2019 and 1,333,400 options vesting on December 31, 2019. The options expire 10 years after vesting.
F2: Pursuant to the Reporting Person's Employment Agreement, the Reporting Person was issued a stock option to acquire 24,000,000 shares of the Issuer's common stock at an exercise price of $0.00792 per share. The shares vest in equal monthly installments of 666,666 shares per month over 36 months and expire ten years from the vesting date.