SEC Form 3 · accession 0001730868-18-000001
Clean Energy Technologies, Inc. · CETY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 302,462,667 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $939,500 Convertible Note | $0.003 | holding | — | — | — | Feb 13, 2018 | Feb 13, 2020 | Common Stock | 313,166,667 | — | D |
| $153,123 Convertible Note | $0.003 | holding | — | — | — | Mar 13, 2018 | Oct 8, 2018 | Common Stock | 51,041,000 | — | D |
Remarks
* the conversion price per share is subject to the following adjustments and limitations: (a) Conversion Price Adjustment: lower of (i) a 40% discount to the lowest trading price during the previous twenty (20) trading days to the date of a conversion notice; or (ii) 0.003; (b) Conversion Limitation: may not be converted by Holder if the Holder will be issued more than 9.9% of the issued and outstanding Common Stock of the Company at such time, (c) mandatory redemption: the Company is required to redeem the note by March 13 that will permit MGW Investment I Limited and their affiliates to hold 65% of the issued and outstanding common stock of the Company, on a fully diluted basis.