Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | TRIQ | Series C Convertible Preferred Stock | May 19, 2023 | Common Stock | 25.2M | Direct | F1, F2 |
Id | Content |
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F1 | Titan 5, LLC ("Titan 5") owns of record 251,710.173 shares of Series C Convertible Preferred Stock of TraQiQ, Inc. (the "Issuer"). Each share of Series C Convertible Preferred Stock is convertible at any time into 100 shares of the Issuer's common stock, par value $0.0001 per share, without payment of additional consideration. The Series C Convertible Preferred Stock has no expiration date. |
F2 | These shares are owned of record directly by Titan 5. Michelle M. Rizzo is the Manager of Titan 5. Titan 5 is 100% owned by the Michelle M. Rizzo Trust, dated January 17, 2009 (the "Trust"). Michelle M. Rizzo is the sole trustee of the Trust, the sole beneficiary of the Trust and the sole settlor of the Trust. These shares may be deemed to be owned indirectly by the Trust and by Michelle M. Rizzo. See address and relationship information with respect to Michelle M. Rizzo and the Trust below. The filing of this Form 3 shall not be deemed an admission by any Reporting Person that such Reporting Person is, for purposes of Section 16 of the Securities Exchange Act, the beneficial owner of any securities covered by this Form 3. |