| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | TESI | Options to Purchase Common Stock | Award | +10,000,000 | 10,000,000 | 31 Dec 2024 | Common Stock | 10,000,000 | $0.0400 | Direct | F1 | |||
| transaction | TESI | Series B Preferred Stock | Other | +5,045 | 5,045 | 02 Jul 2024 | Common Stock | $0.0500 | Direct | F2 | ||||
| transaction | TESI | Warrants to Purchase Common Stock | Other | +504,500 | 504,500 | 02 Jul 2024 | Common Stock | 504,500 | $0.0600 | Direct | F3 |
| Id | Content |
|---|---|
| F1 | The securities reported herein were granted to the reporting person by Titan Environmental Solutions Inc. (the "Issuer") pursuant to the Issuer's 2023 Equity Incentive Plan. |
| F2 | The shares of Series B Convertible Preferred Stock reported herein (the "Series B Preferred Stock") were granted to the reporting person by the Issuer, along with the Warrants (as defined in footnote 3), in exchange for promissory notes previously issued to the reporting person by the Issuer in the aggregate principal amount of $50,000 (the "Exchange Notes"). Each share of Series B Preferred Stock shall be convertible at any time into that number of shares of the Issuer's common stock, par value $0.0001 per share, calculated by dividing the sum of $10.00 for each share of Series B Preferred Stock being converted, plus any accrued but unpaid dividends and any other amounts payable hereunder with respect thereto, by $0.05. The Series B Preferred Stock has no expiration date. |
| F3 | The warrants reported herein (the "Warrants") were granted to the reporting person by the Issuer, along with the Series B Preferred Stock, in exchange for the Exchange Notes. |