SEC Form 4 · accession 0001213900-18-004905
Meridian Waste Solutions, Inc. · MRDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter H. Hall Jr.
Other
Period of report
Apr 20, 2018
Accepted (ET)
Apr 24, 2018 · 7:37 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000949721
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to purchase Common StockF1 | $1.06 | Apr 20, 2018 | A | 857,910 | A | — | — | Common Stock | 857,910 | 857,910 | D |
Explanation of responses
- F1The 857,910 options to purchase common stock of Attis Industries Inc. (the "Company") have a five year term, are fully vested and were issued in accordance with the terms of Mr. Hall's Resignation and Employment Agreement Termination Agreement. Because the Company does not have a sufficient number of shares available under the Company's 2016 Equity and Incentive Plan, shareholder approval will be needed before the options, although fully vested, can be exercised. The five year term begins immediately upon the date the shareholders approve an increase to the Company's 2016 Equity and Incentive Plan or adopt a new equity and incentive plan and may be exercised immediately upon that date.