SEC Form 4 · accession 0001214659-17-005167
POWIN ENERGY CORP · PWON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Danny Y Lu
Officer — Vice-President · 10% Owner
Period of report
Aug 14, 2017
Accepted (ET)
Aug 16, 2017 · 11:44 am 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 | Aug 14, 2017 | P | 2,852,858 | $0.53 | A | 5,376,464 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were acquired in a private transaction in consideration of consulting and business advisory services rendered by the Reporting Person to a non-affiliate of the Issuer. The shares were issued in lieu of cash compensation of $1,500,000.
- F2917,097 shares are held by Lu Pacific Properties, LLC of which the Reporting Person is a managing member.