UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option (right to buy) | (1) | 01/01/2025 | Common Stock | 802,200 (2) | $ (2) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Thomsen Scott Viggo 6035 SOUTH LOOP EAST HOUSTON, TX 77033 |
X |
/s/ Scott Thomsen | 06/08/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | All options are currently exercisable. |
(2) | On April 25, 2018, WestMountain Alternative Energy, Inc. ("WestMountain"), WETM Acquisition Corp., and C-Bond Systems, LLC ("C-Bond") entered into an Agreement and Plan of Merger and Reorganization (the "Merger Agreement"), whereby WETM Acquisition Corp. merged with and into C-Bond, which was the surviving corporation and thus became WestMountain's wholly-owned subsidiary. Pursuant to the Merger Agreement, each option to purchase common units of C-Bond issued and outstanding immediately prior to the closing of the Merger was assumed and converted into an option to purchase an equivalent number of shares of WestMountain's common stock and the exercise price of each such option was divided by the conversion ratio of 3.23. Mr. Thomsen's 802,200 options to purchase common units of C-Bond at $2.50 were converted into 802,200 options to purchase common stock of WestMountain at approximately $0.77. |