Barry Edelstein - Aug 12, 2022 Form 4 Insider Report for C-Bond Systems, Inc (CBNT)

Role
Director
Signature
/s/ Barry Edelstein
Stock symbol
CBNT
Transactions as of
Aug 12, 2022
Transactions value $
$0
Form type
4
Date filed
8/15/2022, 04:00 PM
Next filing
Jan 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBNT Common Stock Award $0 +2M +160% $0.00 3.25M Aug 12, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares granted to Mr. Edelstein as 2022 incentive compensation. The shares were issued pursuant to a Restricted Stock Award Agreement dated August 12, 2022. The Company believes that this compensation is not taxable until the shares vest, which date is May 1, 2023. The vesting date may be extended by mutual consent of the Board of Directors and Mr. Edelstein.