SEC Form 4 · accession 0001553350-17-001438
BASANITE, INC. · BASA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Edward A Cespedes
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Nov 16, 2017
Accepted (ET)
Dec 26, 2017 · 2:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001448705
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 16, 2017 | P | 500 | $0.309 | A | 14,084,692 | D | |
| Common StockF3,F1 | Dec 4, 2017 | G | 40,000 | — | D | 14,044,692 | I | See footnote |
| Common StockF3,F2 | Dec 4, 2017 | G | 10,000 | — | D | 14,034,692 | I | See footnote |
| Common Stock | Dec 21, 2017 | P | 500 | $0.52 | A | 14,035,192 | D | |
| Common Stock | Dec 22, 2017 | P | 200 | $0.5189 | A | 14,035,392 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents gift of shares as follows: 40,000 shares to Trustees of Columbia Universitty. Gifted securities held by Edward A. Cespedes Revocable Trust Dated August 22, 2007 ("Cespedes Trust"). Edward A. Cespedes is the sole trustee of the Cespedes Trust.
- F2Represents gift of shares to an unrelated third party. Gifted securities held by Edward A. Cespedes Revocable Trust Dated August 22, 2007 ("Cespedes Trust"). Edward A. Cespedes is the sole trustee of the Cespedes Trust.
- F3Not applicable.