Filing Details

Accession Number:
0001553350-19-000193
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-03-07 12:30:55
Reporting Period:
2019-02-27
Accepted Time:
2019-03-07 12:30:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1448705 Basanite Inc. BASA Services-Advertising (7310) 204959207
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1768295 Vito Michael Barbera 1423 Sw 13Th Drive
Boca Raton FL 33486
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2019-02-27 1,000,000 $0.00 3,400,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Common Stock Warrant Acquisiton 2019-02-27 666,667 $0.00 666,667 $0.08
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
666,667 2019-02-27 2024-02-27 No 4 A Direct
Footnotes
  1. The Reporting Person purchased these shares of common stock for an aggregate purchase price of $50,000, or $0.05 per share, directly from the Issuer in a private transaction. All such shares are "restricted securities" as such term is defined by the Securities Act of 1933, as amended. Additionally, and as part of the transaction, the Reporting Person received a Common Stock Warrant to purchase up to 666,667 shares of common stock at a per share exercise price of $0.075 (the "Warrant"). The Warrant may be exercised from the date of issuance until February 27, 2024. All shares of common stock underlying the Warrant are "restricted securities" as such term is defined by the Securities Act of 1933, as amended.