SEC Form 4 · accession 0001493152-18-003911
Blink Charging Co. · BLNK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ira Feintuch
Officer — Chief Operating Officer
Period of report
Mar 22, 2018
Accepted (ET)
Mar 26, 2018 · 5:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001429764
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001F1,F2 | Mar 22, 2018 | A | 93,987 | — | A | 123,987 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Of the 93,987 shares acquired by Mr. Feintuch reported on this Form, (i) 50,000 shares of Common Stock were issued as conversion of Series A Preferred Stock formerly owned by Mr. Feintuch pursuant to a latter agreement dated December 7, 2017; (ii) 26,500 shares of Common Stock were issued to Mr. Feintuch pursuant to a letter agreement, dated December 7, 2017; and
- F2(ii) 17,487 shares of Common Stock were issued to Mr. Feintuch as payment of $43,555 in shares of Common Stock owed to Mr. Feintuch which represents 25% of the accrued commissions on hardware sales and revenue from charging stations for the period of November 2015 through March 2017 owed to Mr. Feintuch pursuant to the compensation agreement between the Company and Mr. Feintuch, dated June 16, 2017 (the "Compensation Agreement") and $15,902 in shares of Common Stock owed to Mr. Feintuch which represents 25% of the accrued commissions on hardware sales and revenue from charging stations for the period of April 2017 through February 13, 2018 owed to Mr. Feintuch pursuant to an oral agreement between the Company and Mr. Feintuch. This oral agreement was reached pursuant to Section 3(B) of the Compensation Agreement.