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

Role
Director
Signature
/s/ Frederick H. Tingberg Jr.
Issuer symbol
BASA
Transactions as of
29 Mar 2022
Net transactions value
+$200,000
Form type
4
Filing time
06 Jun 2022, 16:15:10 UTC
Previous filing
03 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BASA Common Stock Award $200,000 +606,061 +1804% $0.3300* 639,661 29 Mar 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 +1,212,121 $0.000000 1,212,121 29 Mar 2022 Common Stock 1,212,121 $0.3300 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.