Greg Rankich - Jun 15, 2021 Form 4 Insider Report for TRAQIQ, INC. (TRIQ)

Role
Director
Signature
/s/ Greg Rankich
Stock symbol
TRIQ
Transactions as of
Jun 15, 2021
Transactions value $
$300,000
Form type
4
Date filed
6/16/2021, 04:43 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRIQ Common Stock, par value $0.0001 per share Award $300K +300K $1.00 300K Jun 15, 2021 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 TRIQ Call Option (obligation to sell) Disposed to Issuer $0 -150K -50% $0.00 150K Jun 15, 2021 Common Stock 150K $1.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Issuer issued shares to the Reporting Person as a commitment fee for a loan from the Reporting Person to the Issuer. The Issuer has the right to repurchase one-half of the shares at $1 if the loan is repaid on or before its maturity date (180 days after its issue date), without extensions.