Lathika Regunathan - 22 Sep 2021 Form 3 Insider Report for TRAQIQ, INC. (TESI)

Role
President of Mimo Technologies
Signature
/s/ Lathika Regunathan
Issuer symbol
TESI
Transactions as of
22 Sep 2021
Net transactions value
$0
Form type
3
Filing time
30 Sep 2021, 18:52:41 UTC
SEC
View on sec.gov

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
holding TRIQ Warrant 22 Sep 2021 Common stock 123,663 $0.001000 Direct
holding TRIQ Warrant 22 Sep 2021 Common stock 762,083 $0.001000 Direct F1
holding TRIQ Option 22 Sep 2021 Common stock 400,000 $0.005200 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In addition, the reporting person received on February 17, 2021, as part of the acquisition consideration for MIMO Technologies, warrants for 508,055 shares of common stock that will only be exercisable if MIMO Technologies achieves certain revenue targets for 2021 and 2022.
F2 Options become exercisable ratably over five years after the 10/19/2020 grant date.