4//SEC Filing
MAHONEY SCOTT 4
Accession 0001493152-20-019671
CIK 0001778805other
Filed
Oct 19, 8:00 PM ET
Accepted
Oct 20, 4:27 PM ET
Size
6.1 KB
Accession
0001493152-20-019671
Insider Transaction Report
Form 4
MAHONEY SCOTT
DirectorChief Executive Officer
Transactions
- Award
Common stock, par value $0.000001 per share
2020-10-16+3,000,000→ 13,791,424 total
Footnotes (3)
- [F1]Represents a fully vested deferred restricted stock unit award (the "Award") granted in accordance with the Issuer's 2019 Equity Compensation Plan (the "Plan").
- [F2]The Award will be settled in shares of the Issuer's common stock within 60 days of the earliest to occur of the following: (i) a Corporate Transaction (as defined in the Plan), but only if that transaction is also a change in ownership of the Issuer or a substantial portion of the Issuer's assets, or a change in effective control of the Issuer, per Treasury Regulation Section 1.409A-3(i)(5)(v), (vi) or (vii); (ii) a termination of Mr. Mahoney's Continuous Service Status (as defined in the Plan), but only if it constitutes a "separation from service" for purposes of Treasury Regulation Section 1.409A-1(h); (iii) the date a majority of members of the Issuer's board of directors is replaced during any 12-month period by directors whose appointment or election is not endorsed by a majority of the members of the Issuer's board of directors before the date of the appointment or election; or (iv) October 16, 2025.
- [F3]Mr. Mahoney's also beneficially owns 3,750 common stock options; 1,000 shares of free trading common stock; 10,786,599 shares of restricted common stock; and 75 shares of common stock with a special legend through an entity he owns and controls. Mr. Mahoney beneficially owns 13,791,424 shares in total.
Documents
Issuer
Taronis Fuels, Inc.
CIK 0001778805
Entity typeother
Related Parties
1- filerCIK 0001519899
Filing Metadata
- Form type
- 4
- Filed
- Oct 19, 8:00 PM ET
- Accepted
- Oct 20, 4:27 PM ET
- Size
- 6.1 KB