SEC Form 4 · accession 0001213900-17-007426
Meridian Waste Solutions, Inc. · MRDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jackson W Davis Jr.
Director
Period of report
Jun 30, 2017
Accepted (ET)
Jul 11, 2017 · 4:14 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 | Jun 30, 2017 | A | 4,592 | $0.00 | A | 11,348 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to his Director Agreement with the Company, for his services as a member of the Board of Directors, the Reporting Person receives, on the last day of each quarter, the number of shares of the Company's common stock equivalent to Seven Thousand Five Hundred Dollars ($7,500) as determined based on the average closing price on the three trading days immediately preceding the last day of such quarter. The average closing price on the three trading days immediately preceding June 30, 2017 was $1.63.