SEC Form 4 · accession 0001144204-18-031019
BIOHITECH GLOBAL, INC. · BHTG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
May 24, 2018
Accepted (ET)
May 25, 2018 · 12:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001590383
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.0001F1,F3 | May 24, 2018 | C | 9,091 | $2.75 | A | 808,968 | I | Held by Penn Venture Partners, L.P. |
| Common Stock, par value $0.0001F2,F3 | May 24, 2018 | C | 300 | $4.30 | A | 809,268 | I | Held by Penn Venture Partners, L.P. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible Promissory NoteF3 | $2.75 | May 24, 2018 | C | 1 | D | Aug 17, 2017 | May 24, 2018 | Common Stock | 9,091 | 0 | I |
Explanation of responses
- F19,091 shares at $2.75 per share represent the conversion at maturity of a convertible note initially entered into on August 17, 2017.
- F2300 shares at $4.30 per share represent the payment of interest at 8% on the note.
- F3Robert A. Graham holds voting and dispositive control over Penn Venture Partners, L.P.