Filing Details

Accession Number:
0001582945-19-000024
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-09-17 15:35:41
Reporting Period:
2019-08-28
Accepted Time:
2019-09-17 15:35:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1425627 Transbiotec Inc. IMLE Periodicals: Publishing Or Publishing & Printing (2721) 260731818
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1630553 A. Michael Lanphere 400 N. Tustin Ave.
Suite 225
Santa Ana CA 92705
V.p. Of Legal Affairs No Yes Yes 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 2019-08-28 5,206,430 $0.10 50,144,878 No 4 P Direct
Common Stock Acquisiton 2019-08-28 21,400,745 $0.00 71,545,623 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
Footnotes
  1. The Reporting Person acquired 5,206,430 shares of the Issuer's common stock in exchange for 520,643 shares of the Issuer's Series A Preferred Stock pursuant to the terms of a Share Exchange Agreement. The exchange was agreed to in order to assist the Issuer in complying with the closing conditions of an Asset Purchase Agreement with IDTEC, LLC.
  2. The Reporting Person acquired 21,400,745 shares of the Issuer's common stock in exchange for a $96,303.35 reduction in the amount the Issuer owes the Reporting Person under certain promissory notes. The transaction was documented with a Stock Purchase Agreement and was completed in order to assist the Issuer in complying with the closing conditions of an Asset Purchase Agreement with IDTEC, LLC.