Greg Scott Rankich - 15 Jun 2021 Form 4 Insider Report for TRAQIQ, INC. (TESI)

Reporting relationship: Director
Issuer ticker: TESI
Reported as of: 15 Jun 2021
Net transaction value: +$300,000
SEC form: 4
Accepted by SEC: 16 Jun 2021, 16:43:44 UTC
Source filing: View source filing
Reporting owner signature: /s/ Greg Rankich

Key filing fact

Greg Scott Rankich filed Form 4 for TRAQIQ, INC. (TESI) on 16 Jun 2021.

Key facts

This page summarizes Greg Scott Rankich's Form 4 filing for TRAQIQ, INC. (TESI).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 16 Jun 2021, 16:43.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: +$300,000.

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.

TRIQ transaction

Common Stock, par value $0.0001 per share

Award

Transaction value: $300,000
Shares: +300,000
Change %
Price: $1.00
Shares after: 300,000
Date: 15 Jun 2021
Ownership: Direct
Footnotes: F1

Reported derivative securities

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

TRIQ transaction Derivative

Call Option (obligation to sell)

Disposed to Issuer

Transaction value: $0
Shares: -150,000
Change %: -50%
Price: $0.000000
Shares after: 150,000
Date: 15 Jun 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 150,000
Exercise price: $1.00
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

The Issuer issued shares to the Reporting Person as a commitment fee for a loan from the Reporting Person to the Issuer. The Issuer has the right to repurchase one-half of the shares at $1 if the loan is repaid on or before its maturity date (180 days after its issue date), without extensions.