Filing Details
- Accession Number:
- 0001553350-19-000334
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-04-05 16:48:33
- Reporting Period:
- 2019-03-15
- Accepted Time:
- 2019-04-05 16:48:33
- 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 |
|---|---|---|---|---|---|---|---|
| 1724232 | M. Paul Sallarulo | 2521 Ne 48Th Street Lighthouse Point FL 33064 | 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 | 2019-03-15 | 2,000,000 | $0.05 | 3,583,333 | 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 | 2019-03-15 | 2,000,000 | $0.08 | 2,000,000 | $0.08 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 2,000,000 | 2019-03-15 | 2024-03-15 | No | 4 | P | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option | $0.25 | 2017-10-17 | 2022-10-17 | 250,000 | 250,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2022-10-17 | 250,000 | 250,000 | Direct |
Footnotes
- On March 15, 2019, Mr. Sallarulo purchassed 2,000,000 restricted common shares for $0.05 per share from the Company. In conjunction with the share price, Mr. Sallarulo wasissued a 5-year warrant to purchase 2,000,000 shares from the Company for a strike price of $0.075 per share.
Billionaire Hedge Funds
