Manuel Antonio Rodriguez - Jun 2, 2022 Form 4 Insider Report for BASANITE, INC. (BASA)

Role: Director
Signature: /s/ Manuel A. Rodriquez
Stock symbol: BASA
Transactions as of: Jun 2, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/7/2022, 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		+123K	+39.2%		436K	Jun 2, 2022	U.S. Supplies, Inc.	F1, F2

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

Explanation of Responses:

Id	Content
F1	On December 10, 2021, U.S. Supplies, Inc. ("U.S. Supplies") and Basanite, Inc. (the "Company") entered into certain agreements whereby U.S. Supplies has a right to sales commissions for distributions occurring in the United Mexican States (the "Sales Commissions"). In consideration and satisfaction of the Sales Commissions owed to U.S. Supplies, the Company issued U.S. Supplies shares of restricted common stock of the Company.
F2	Mr. Rodriguez is the President of U.S. Supplies.

Content

On December 10, 2021, U.S. Supplies, Inc. ("U.S. Supplies") and Basanite, Inc. (the "Company") entered into certain agreements whereby U.S. Supplies has a right to sales commissions for distributions occurring in the United Mexican States (the "Sales Commissions"). In consideration and satisfaction of the Sales Commissions owed to U.S. Supplies, the Company issued U.S. Supplies shares of restricted common stock of the Company.

Mr. Rodriguez is the President of U.S. Supplies.