SEC Form 4 · accession 0001477932-18-000932
COOL TECHNOLOGIES, INC. · WARM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Judson William Bibb III
Officer — Vice President · Director
Period of report
Feb 12, 2018
Accepted (ET)
Feb 20, 2018 · 12:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001399352
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 12, 2018 | A | 1,000,000 | — | A | 3,597,200 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant (to purchase common stock)F1 | $0.0714 | Feb 12, 2018 | A | 1,000,000 | A | Feb 12, 2018 | Feb 12, 2023 | Common Stock | 1,000,000 | 3,550,000 | D |
Explanation of responses
- F1Mr. Bibb is an employee of the company. Pursuant to an employment agreement between Cool Technologies, Inc. (the "Company") and Mr. Bibb, the Company pays Mr. Bibb a monthly salary of $10,000. On February 12, 2018, Mr. Bibb applied unpaid salary of $50,000 to purchase 1,000,000 shares of the Company's common stock and a warrant to purchase 1,000,000 shares of the Company's common stock at an exercise price of $.0714 per share.
- F2As of the date of the filing of this report.