SEC Form 4 · accession 0001477932-16-012731
Terra Tech Corp. · TRTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael C James
Officer — Chief Financial Officer
Period of report
Sep 23, 2016
Accepted (ET)
Sep 28, 2016 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001451512
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B Preferred StockF1,F3 | $0.00 | Sep 23, 2016 | P | 151,162 | A | Sep 23, 2016 | — | Common Stock | 813,905 | 1,151,162 | D |
| Series Z Preferred StockF5 | $0.00 | Sep 23, 2016 | P | 134 | A | Sep 23, 2016 | — | Common Stock | 1,339,825 | 134 | D |
Explanation of responses
- F1Each share of Series B Preferred Stock is convertible, at any time, at the option of the holder, on a 1-for-5.384325537 basis, into shares of common stock and has voting rights equal to 100 shares of common stock.
- F2The Series B Preferred Stock was granted as compensation for services rendered amounting to approximately $270,217.
- F3The Series B Preferred Stock does not have an expiration date.
- F4The Series Z Preferred Stock was granted as compensation for services rendered amounting to approximately $444,822.
- F5The Series Z Preferred Stock does not have an expiration date.