SEC Form 4 · accession 0001477932-17-002956
Terra Tech Corp. · TRTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Derek Peterson
Officer — Chief Executive Officer · Director
Period of report
Apr 1, 2017
Accepted (ET)
Jun 22, 2017 · 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 | Apr 1, 2017 | J | 513,652 | D | Apr 1, 2017 | — | Common Stock | 2,765,670 | 2,596,452 | D |
| Series B Preferred StockF1,F3 | $0.00 | Jun 20, 2017 | G | 92,862 | D | Jun 20, 2017 | — | Common Stock | 499,999 | 2,503,590 | 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.
- F2513,652 shares of Series B Preferred stock were returned to the Company as the result of a claw-back pursuant to the appreciation of the quoted price of the Company's stock underlying the market-based component of the contingent consideration paid by the Company in connection with the acquisition of Black Oak Gallery.
- F3The Series B Preferred Stock does not have an expiration date.