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

Role
Director
Signature
/s/ Greg Rankich
Issuer symbol
TESI
Transactions as of
15 Jun 2021
Net transactions value
+$300,000
Form type
4
Filing time
16 Jun 2021, 16:43:44 UTC
SEC
View on sec.gov

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 $300,000 +300,000 $1.00 300,000 15 Jun 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 -150,000 -50% $0.000000 150,000 15 Jun 2021 Common Stock 150,000 $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.