Barry Edelstein - Jan 17, 2023 Form 4 Insider Report for C-Bond Systems, Inc (CBNT)

Role
Director
Signature
/s/ Barry Edelstein
Stock symbol
CBNT
Transactions as of
Jan 17, 2023
Transactions value $
$53,000
Form type
4
Date filed
1/19/2023, 03:20 PM
Previous filing
Aug 15, 2022
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBNT Common Stock Award $53K +9.64M +296.5% $0.01 12.9M Jan 17, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 17, 2023, pursuant to a liability reduction plan, Mr. Edelstein agreed to convert $53,000 of accrued compensation into equity of C-Bond Systems, Inc. (the "Company"), and the Company issued Mr. Edelstein 9,636,364 shares of its common stock, par value $.001.