SEC Form 4 · accession 0001214659-17-006100
POWIN ENERGY CORP · PWON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Lu
Officer — CEO · Director · 10% Owner
Period of report
Oct 16, 2017
Accepted (ET)
Oct 18, 2017 · 4:37 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 | Oct 16, 2017 | P | 4,077,573 | $0.754 | D | 19,897,830 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were acquired upon the voluntary conversion of promissory notes owed by the Issuer to the Reporting Person in the aggregate principal and interest balance of $3,075,616.40. The effective price per share was calculated based on the aggregate amount of the notes converted and the total number of shares transferred in satisfaction of the notes.
- F2These shares are held by the Joseph Lu Trust and by the Mei Yi Living Trust, respectively.