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
- 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.
- 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.