Barry M. Edelstein - 17 Jan 2023 Form 4 Insider Report for C-Bond Systems, Inc (CBNT)

Reporting relationship: Director
Issuer ticker: CBNT
Reported as of: 17 Jan 2023
Net transaction value: +$53,000
SEC form: 4
Accepted by SEC: 19 Jan 2023, 15:20:14 UTC
Prior SEC filing: 15 Aug 2022
Next SEC filing: 04 Jan 2024
Source filing: View source filing
Reporting owner signature: /s/ Barry Edelstein

Key filing fact

Barry M. Edelstein filed Form 4 for C-Bond Systems, Inc (CBNT) on 19 Jan 2023.

Key facts

This page summarizes Barry M. Edelstein's Form 4 filing for C-Bond Systems, Inc (CBNT).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 19 Jan 2023, 15:20.

Change

Previous filing in this sequence was filed on 15 Aug 2022.
Current net transaction value: +$53,000.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CBNT transaction

Common Stock

Award

Transaction value: $53,000
Shares: +9,636,364
Change %: +297%
Price: $0.005500
Shares after: 12,886,364
Date: 17 Jan 2023
Ownership: Direct
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

On January 17, 2023, pursuant to a liability reduction plan, Mr. Edelstein agreed to convert $53,000 of accrued compensation into equity of C-Bond Systems, Inc. (the "Company"), and the Company issued Mr. Edelstein 9,636,364 shares of its common stock, par value $.001.