Frederick H. Tingberg Jr - Mar 29, 2022 Form 4 Insider Report for BASANITE, INC. (BASA)

Role
Director
Signature
/s/ Frederick H. Tingberg Jr.
Stock symbol
BASA
Transactions as of
Mar 29, 2022
Transactions value $
$200,000
Form type
4
Date filed
6/6/2022, 04:15 PM
Previous filing
Feb 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BASA Common Stock Award $200K +606K +1803.75% $0.33* 640K Mar 29, 2022 Direct

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 BASA Warrants Award $0 +1.21M $0.00 1.21M Mar 29, 2022 Common Stock 1.21M $0.33 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares and warrants were purchased in a private transaction by the Reporting Person from the Issuer as part of a unit (the "Unit"), although no Units were issued as part of the offering. The shares, and shares underlying the warrants purchased once exercised, will be "restricted securities" as such term is defined by the Securities Act of 1933, as amended.