Titan 5, LLC - May 19, 2023 Form 3 Insider Report for TRAQIQ, INC. (TRIQ)

Role
10%+ Owner
Signature
/s/ Michelle M. Rizzo, Manager of Titan 5, LLC
Stock symbol
TRIQ
Transactions as of
May 19, 2023
Transactions value $
$0
Form type
3
Date filed
7/14/2023, 08:38 PM

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 Series C Convertible Preferred Stock May 19, 2023 Common Stock 25.2M Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.