E. Frank Celli - Dec 31, 2024 Form 4 Insider Report for Titan Environmental Solutions Inc. (TESI)

Role
Director, 10%+ Owner
Signature
/s/ Frank Celli
Stock symbol
TESI
Transactions as of
Dec 31, 2024
Transactions value $
$250,000
Form type
4
Date filed
3/20/2025, 02:55 PM
Previous filing
Sep 28, 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TESI Options to Purchase Common Stock Award +8.5M 8.5M Dec 31, 2024 Common Stock 8.5M $0.04 Direct F1
transaction TESI Series C Preferred Stock Purchase $250K +125K $2.00 125K Mar 5, 2025 Common Stock Direct F2
transaction TESI Warrants to Purchase Common Stock Other +2.02M 2.02M Jul 2, 2024 Common Stock 20.2M $0.06 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities reported herein were granted to the reporting person by Titan Environmental Solutions Inc. (the "Issuer") pursuant to the Issuer's 2023 Equity Incentive Plan.
F2 Each share of Series C Preferred Stock is convertible any time into the Issuer's common stock, par value $0.0001 per share, calculated by dividing the sum of the stated value of $2.40, plus any accrued but unpaid dividends, by the conversion price of $0.05. The Series C Preferred Stock has no expiration date.
F3 The warrants reported herein were granted to the reporting person by the Issuer in exchange for promissory notes previously issued to the reporting person by the Issuer in the aggregate principal amount of $200,000.