Michael D. Farkas - Apr 4, 2023 Form 4 Insider Report for Blink Charging Co. (BLNK)

Role: Chairman & CEO, Director, 10%+ Owner
Signature: /s/ Michael D. Farkas
Stock symbol: BLNK
Transactions as of: Apr 4, 2023
Transactions value $: -$3
Form type: 4
Date filed: 4/6/2023, 06:41 PM
Previous filing: Mar 17, 2023
Next filing: May 26, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BLNK	Common Stock, par value $0.001 per share ("Common Stock")	Exercise of in-the-money or at-the-money derivative security	$3.32M	+780K	+36.43%	$4.25	2.92M	Apr 4, 2023	Direct	F1
transaction	BLNK	Common Stock	Sale	-$3.32M	-397K	-13.58%	$8.35	2.53M	Apr 4, 2023	Direct	F1
transaction	BLNK	Common Stock	Gift	$0	-50K	-1.98%	$0.00	2.48M	Apr 5, 2023	Direct	F2
holding	BLNK	Common Stock						4.07M	Apr 4, 2023	Farkas Group, Inc.	F3
holding	BLNK	Common Stock						81.4K	Apr 4, 2023	Balance Group LLC	F3
holding	BLNK	Common Stock						15K	Apr 4, 2023	See note	F4
holding	BLNK	Common Stock						7.2K	Apr 4, 2023	Farkas Charitable Foundation	F5
holding	BLNK	Common Stock						80	Apr 4, 2023	Farkas Family Trust	F6

Showing 1 to 8 of 8 entries

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	BLNK	Warrants to purchase shares of Common Stock	Exercise of in-the-money or at-the-money derivative security	$0	-780K	-100%	$0.00^*	0	Apr 4, 2023	Common Stock	780K	$4.25	Direct
transaction	BLNK	Warrants to purchase shares of Common Stock	Award	$0	+780K		$0.00	780K	Apr 4, 2023	Common Stock	780K	$8.82	Direct	F7

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

Explanation of Responses:

Id	Content
F1	On April 4, 2023, Mr. Farkas exercised a warrant to purchase 780,432 shares of the issuer's Common Stock for $4.25 per share. Mr. Farkas paid the exercise price on a cashless basis, resulting in the issuer's withholding of 396,998 of the warrant shares to pay the exercise price and issuing to Mr. Farkas the remaining 383,434 shares.
F2	Mr. Farkas disposed of 50,000 shares of Common Stock as a bona fide gift to the Sammy Farkas Foundation Inc. (the "Foundation"). Mr. Farkas does not have voting or investment power with respect to the shares held by the Foundation.
F3	Mr. Farkas has voting and investment power with respect to these shares.
F4	Mr. Farkas has voting and investment power and serves as custodian for shares held by his children.
F5	Mr. Farkas has voting and investment power as trustee with respect to these shares.
F6	Mr. Farkas is a beneficiary of these shares.
F7	Reflects the one-time "evergreen" grant to Mr. Farkas of warrants to purchase 780,432 shares of the issuer's Common Stock at an exercise price of $8.82 per share, in replacement of the exercised warrants referenced in footnote 1 above. These warrants were granted pursuant to Rule 16b-3(d).