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Filing Details

Accession Number:
0001553350-19-000334
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-04-05 16:48:33
Reporting Period:
2019-03-15
Accepted Time:
2019-04-05 16:48:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1448705 Basanite Inc. BASA Services-Advertising (7310) 204959207
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1724232 M. Paul Sallarulo 2521 Ne 48Th Street
Lighthouse Point FL 33064
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2019-03-15 2,000,000 $0.05 3,583,333 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Common Stock Warrant Acquisiton 2019-03-15 2,000,000 $0.08 2,000,000 $0.08
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,000,000 2019-03-15 2024-03-15 No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option $0.25 2017-10-17 2022-10-17 250,000 250,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-10-17 250,000 250,000 Direct
Footnotes
  1. On March 15, 2019, Mr. Sallarulo purchassed 2,000,000 restricted common shares for $0.05 per share from the Company. In conjunction with the share price, Mr. Sallarulo wasissued a 5-year warrant to purchase 2,000,000 shares from the Company for a strike price of $0.075 per share.