SEC Form 4 · accession 0001214659-16-013312
POWIN ENERGY CORP · PWON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Danny Y Lu
Officer — Vice-President
Period of report
Jul 10, 2016
Accepted (ET)
Aug 18, 2016 · 1:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001468780
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 10, 2016 | A | 1,918,106 | $0.56 | A | 2,523,606 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F11,001,009 shares were issued upon the conversion of the Issuer's August 2015 Preferred Stock at the ratio of one-for one. The price of the common stock issued upon the conversion reflects the original issuance price per share for the preferred stock.
- F2917,097 shares are held by Lu Pacific Properties, LLC of which the Reporting Person is a managing member.