13D Filing: Cosman Jeffrey Scott and Meridian Waste Solutions, Inc. (MRDN)

* This amount is comprised of the following votes: (i) 8,038,843 shares of common stock owned directly by Mr. Cosman; (ii) 3,322,809 shares of common stock owned by Here to Serve Holding Corp., a company for which Mr. Cosman is the Chief Executive Officer and sole director, and accordingly, has sole voting and dispositive power; and (iii) 24,143,010 votes based on ownership of 51 shares of Series A Preferred Stock, of which Mr. Cosman owns all of the 51 shares of such class authorized, issued and outstanding. Each one (1) share of Series A Preferred Stock shall have voting rights equal to (x) 0.019607 multiplied by the total issued and outstanding Common Stock eligible to vote at the time of the respective vote (the “Numerator”), divided by (y) 0.49, minus (z) the Numerator. This amount does not include 4,253,074 shares of restricted stock that has not yet vested Pursuant to the Director Agreement entered into between the Company and Mr. Cosman dated March 11, 2016 the Company had been obligated to issue certain additional shares of common stock and options to Mr. Cosman; however, all such obligations have been terminated and all such shares of common stock and options cancelled pursuant to the First Amendment to Director Agreement between the Company and Mr. Cosman dated April 13, 2016.

13D Filing: Cosman Jeffrey Scott and Meridian Waste Solutions, Inc. (MRDN)

Published on April 18, 2016 at 8:18 am by Insider Monkey Staff in News

Page 3 of 4 – SEC Filing

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