John Dibella - Dec 29, 2022 Form 4 Insider Report for ENVIRO TECHNOLOGIES U.S., INC. (WOEN)

Role: CEO of Subsidiary
Signature: /s/ John A. DiBella
Stock symbol: WOEN
Transactions as of: Dec 29, 2022
Transactions value $: $0
Form type: 4
Date filed: 12/30/2022, 03:30 PM
Previous filing: Aug 29, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WOEN	Common Stock	Conversion of derivative security	$60K	+1M	+61.48%	$0.06	2.63M	Dec 29, 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WOEN	6% Unsecured Convertible Promissory Note	Conversion of derivative security	-$60K				756K	Dec 29, 2022	Common Stock	1M	$0.06	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 15,000 shares of common stock held as custodian for the benefit of the Reporting Person's children.
F2	Effective September 6, 2022 Enviro Technologies U.S., Inc. (the "Company") completed a Share Exchange Agreement (the "Agreement") with Banner Midstream Corp., a Delaware corporation and Ecoark Holdings, Inc., a Nevada corporation and the sole shareholder of Banner Midstream Corp. Pursuant to the Agreement, on August 23, 2022 the Company issued the Reporting Person a 6% convertible promissory note in the initial principal amount of $815,565, convertible at the option of the Reporting Person at $0.06 per share, with a maturity date of 12 months from the closing of the Agreement in satisfaction all of the Reporting Person's accrued payroll to the Company.

Content

Includes 15,000 shares of common stock held as custodian for the benefit of the Reporting Person's children.

Effective September 6, 2022 Enviro Technologies U.S., Inc. (the "Company") completed a Share Exchange Agreement (the "Agreement") with Banner Midstream Corp., a Delaware corporation and Ecoark Holdings, Inc., a Nevada corporation and the sole shareholder of Banner Midstream Corp. Pursuant to the Agreement, on August 23, 2022 the Company issued the Reporting Person a 6% convertible promissory note in the initial principal amount of $815,565, convertible at the option of the Reporting Person at $0.06 per share, with a maturity date of 12 months from the closing of the Agreement in satisfaction all of the Reporting Person's accrued payroll to the Company.