Ronald J. LoRicco Sr. - 07 Mar 2022 Form 4 Insider Report for BASANITE, INC. (BASA)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
09 Mar 2022, 16:57:55 UTC
Prior SEC filing
03 Feb 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Ronald J. LoRicco Sr.

Key filing fact

Ronald J. LoRicco Sr. filed Form 4 for BASANITE, INC. (BASA) on 09 Mar 2022.

Key facts

  • This page summarizes Ronald J. LoRicco Sr.'s Form 4 filing for BASANITE, INC. (BASA).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 09 Mar 2022, 16:57.

Change

  • Previous filing in this sequence was filed on 03 Feb 2022.
  • Current net transaction value: +$125,000.

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.

BASA transaction

Common Stock

Options Exercise

Transaction value
$125,000
Shares
+500,000
Change %
+0.83%
Price
$0.2500*
Shares after
60,915,912
Date
07 Mar 2022
Ownership
See Footnote
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BASA transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-500,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
07 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
500,000
Exercise price
$0.2500
* 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 March 7, 2022, the reporting person exercised options (previously granted to the reporting person on October 17, 2017) to purchase 500,000 shares of common stock at $0.25 per share for $125,000. The shares have been issued in the name of LoRi Co. an entity which the reporting person has joint control. The amount of securities beneficially owned include shares held by RVRM Holdings, Inc., First New Haven Mortgage Company, LLC and LoRi Co. (collectively the "Entities"). The reporting person has a pecuniary interest in the Entities.

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