SEC Form 4 · accession 0001213900-17-004229
Meridian Waste Solutions, Inc. · MRDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter H. Hall Jr.
Officer — President, COO and Director · Director
Period of report
Apr 21, 2017
Accepted (ET)
Apr 25, 2017 · 8:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000949721
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.025 per shareF1 | Apr 21, 2017 | P$0 | 75,000 | $0.00 | A | 175,350 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Effective April 21, 2017, the Issuer entered into a Share Exchange Agreement (the "Share Exchange Agreement") with Mobile Science Technologies, Inc. ("MSTI"), pursuant to which the Issuer issued 1,083,017 shares of the Issuer's common stock to the shareholders of MSTI in exchange for 28,333,333 shares of MSTI, based on a valuation of $2.90 per share of the Issuer. Pursuant to the Share Exchange Agreement, the Reporting Person received 75,000 shares of the Issuer's common stock based on the Reporting Person's ownership of MSTI's stock.