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TGLS

Tecnoglass Holdings Inc.

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Tapewire entity
4625
SEC CIK
0001534675
Parsed reports
65

Last 12 months

Inside the activity.

8 purchase rows · 0 sale rows

Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.
Monthly counts
MonthPurchasesSales
Nov 202500
Dec 202500
Jan 202600
Feb 202600
Mar 202660
Apr 202600
May 202620
Jun 202600
Jul 202600
Aug 202600
Sep 202600
Oct 202600

Latest available

Insider transactions

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateOwner / reported roleActivity / securityShares / unitsReported priceReported valueDetails
November 29, 2017 Filed Nov 29, 2017 20:10 UTC SaleOrdinary Shares 2,000 $6.95 $13,896.60
Disclosure

SEC source: 0001094891-17-000282 · edgar.xml · nonDerivative · entry 3

Byorum Martha L · CIK 0001292529 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 102,751

Read SEC document
November 28, 2017 Filed Nov 29, 2017 20:10 UTC SaleOrdinary Shares 2,000 $7.05 $14,092.00
Disclosure

SEC source: 0001094891-17-000282 · edgar.xml · nonDerivative · entry 2

Byorum Martha L · CIK 0001292529 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 104,751

Read SEC document
November 27, 2017 Filed Nov 28, 2017 13:59 UTC SaleOrdinary Shares 7,000 $7.00 $49,011.20
Disclosure

SEC source: 0001094891-17-000279 · edgar.xml · nonDerivative · entry 1

Torres Julio A. · CIK 0001543079 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 104,446

Read SEC document
November 27, 2017 Filed Nov 29, 2017 20:10 UTC SaleOrdinary Shares 3,900 $7.11 $27,723.54
Disclosure

SEC source: 0001094891-17-000282 · edgar.xml · nonDerivative · entry 1

Byorum Martha L · CIK 0001292529 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 106,751

Read SEC document
November 20, 2017 Filed Nov 20, 2017 19:13 UTC SaleOrdinary Shares 3,000 $7.13 $21,382.50
Disclosure

SEC source: 0001094891-17-000271 · edgar.xml · nonDerivative · entry 2

Byorum Martha L · CIK 0001292529 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 110,651

Read SEC document
November 17, 2017 Filed Nov 20, 2017 19:13 UTC SaleOrdinary Shares 4,000 $7.06 $28,257.20
Disclosure

SEC source: 0001094891-17-000271 · edgar.xml · nonDerivative · entry 1

Byorum Martha L · CIK 0001292529 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 113,651

Read SEC document
October 02, 2017 Filed Oct 3, 2017 20:14 UTC
WEIL A LORNEDirector
GrantOrdinary Shares 7,072 $0.00 $0.00
Disclosure

SEC source: 0001094891-17-000240 · edgar.xml · nonDerivative · entry 1

WEIL A LORNE · CIK 0000921873 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 106,974

Read SEC document
October 02, 2017 Filed Oct 3, 2017 20:09 UTC GrantOrdinary Shares 7,072 $0.00 $0.00
Disclosure

SEC source: 0001094891-17-000238 · edgar.xml · nonDerivative · entry 1

Azout Samuel R · CIK 0001602988 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,446

Read SEC document
October 02, 2017 Filed Oct 3, 2017 20:10 UTC GrantOrdinary Shares 7,072 $0.00 $0.00
Disclosure

SEC source: 0001094891-17-000239 · edgar.xml · nonDerivative · entry 1

Byorum Martha L · CIK 0001292529 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 117,651

Read SEC document
October 02, 2017 Filed Oct 4, 2017 00:17 UTC GrantOrdinary Shares 7,072 $0.00 $0.00
Disclosure

SEC source: 0001094891-17-000242 · edgar.xml · nonDerivative · entry 1

Vilarino Juan Carlos · CIK 0001602038 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,323

Read SEC document
October 02, 2017 Filed Oct 4, 2017 00:16 UTC GrantOrdinary Shares 7,072 $0.00 $0.00
Disclosure

SEC source: 0001094891-17-000241 · edgar.xml · nonDerivative · entry 1

Torres Julio A. · CIK 0001543079 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 111,446

Read SEC document
June 09, 2017 Filed Jun 13, 2017 15:19 UTC SaleOrdinary Shares 5,000 $9.27 $46,351.00
Disclosure

SEC source: 0001094891-17-000131 · edgar.xml · nonDerivative · entry 1

Byorum Martha L · CIK 0001292529 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 110,579

Read SEC document
February 01, 2017 Filed Feb 1, 2017 13:23 UTC
Fernandez JoaquinChief Financial Officer · 10% owner
GiftOrdinary Shares 37,968 $0.00 $0.00
Disclosure

SEC source: 0001094891-17-000054 · edgar.xml · nonDerivative · entry 1

Energy Holding Corp · CIK 0001602952 · 10% owner

Velilla Becerra Alberto Jose · CIK 0001605631 · 10% owner

Fernandez Joaquin · CIK 0001602798 · Chief Financial Officer · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,813,685

F1 · balance_after: Includes an aggregate of 192,243 shares issued on February 1, 2017 as dividends pursuant to the issuer's regular quarterly dividend plan.

F2 · ownership.direct: Represents securities held by EHC. As a director of EHC, Mr. Becerra shares voting and dispositive power over securities held by EHC with Mr. Joaquin Fernandez. Messrs. Becerra and Fernandez disclaim beneficial ownership of such securities except to the extent of their pecuniary interests therein.

Read SEC document
January 03, 2017 Filed Jan 4, 2017 12:35 UTC GrantOrdinary Shares 165 $0.00 $0.00
Disclosure

SEC source: 0001094891-17-000020 · edgar.xml · nonDerivative · entry 1

Azout Samuel R · CIK 0001602988 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,374

Read SEC document
January 03, 2017 Filed Jan 4, 2017 12:36 UTC GrantOrdinary Shares 370 $0.00 $0.00
Disclosure

SEC source: 0001094891-17-000022 · edgar.xml · nonDerivative · entry 1

Byorum Martha L · CIK 0001292529 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 115,579

Read SEC document
January 03, 2017 Filed Jan 4, 2017 17:37 UTC GrantOrdinary Shares 165 $0.00 $0.00
Disclosure

SEC source: 0001094891-17-000024 · edgar.xml · nonDerivative · entry 1

Torres Julio A. · CIK 0001543079 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 104,374

Read SEC document
December 20, 2016 Filed Dec 22, 2016 12:48 UTC
Fernandez JoaquinChief Financial Officer · 10% owner
OtherOrdinary Shares 1,500,000 $0.00 $0.00
Disclosure

SEC source: 0001094891-16-000663 · edgar.xml · nonDerivative · entry 3

Energy Holding Corp · CIK 0001602952 · 10% owner

Velilla Becerra Alberto Jose · CIK 0001605631 · 10% owner

Fernandez Joaquin · CIK 0001602798 · Chief Financial Officer · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,621,442

F3 · kind: On December 20, 2016, EHC became entitled to receive 1,500,000 ordinary shares of the issuer pursuant to the "earn-out" provision contained in the Merger Agreement consummated in connection with the issuer's December 2013 merger. The Merger Agreement provided that EHC would receive the shares, for no additional consideration, if the issuer's EBITDA for the fiscal year ending December 31, 2016 exceeded $45 million. The issuer's EBITDA for the fiscal year ending December 31, 2016 exceeded such amount, as a result of which EHC acquired the shares pursuant to the Merger Agreement. The number of shares issuable pursuant to the earn-out right was determined on August 17, 2013 pursuant to the terms of the Merger Agreement which set forth the exact number of shares subject to such earn-out right. Accordingly, EHC's right to receive such shares became fixed and irrevocable on December 20, 2013, the effective date of the merger.

F3 · price: On December 20, 2016, EHC became entitled to receive 1,500,000 ordinary shares of the issuer pursuant to the "earn-out" provision contained in the Merger Agreement consummated in connection with the issuer's December 2013 merger. The Merger Agreement provided that EHC would receive the shares, for no additional consideration, if the issuer's EBITDA for the fiscal year ending December 31, 2016 exceeded $45 million. The issuer's EBITDA for the fiscal year ending December 31, 2016 exceeded such amount, as a result of which EHC acquired the shares pursuant to the Merger Agreement. The number of shares issuable pursuant to the earn-out right was determined on August 17, 2013 pursuant to the terms of the Merger Agreement which set forth the exact number of shares subject to such earn-out right. Accordingly, EHC's right to receive such shares became fixed and irrevocable on December 20, 2013, the effective date of the merger.

F5 · balance_after: Includes an aggregate of 230,172 shares issued as dividends pursuant to the issuer's regular quarterly dividend plan.

F6 · ownership.direct: Represents securities held by EHC. As a director of EHC, Mr. Becerra shares voting and dispositive power over securities held by EHC with Mr. Joaquin Fernandez. Messrs. Becerra and Fernandez disclaim beneficial ownership of such securities except to the extent of their pecuniary interests therein.

Read SEC document
December 08, 2016 Filed Dec 12, 2016 16:00 UTC SaleOrdinary Shares 10,200 $11.83 $120,623.16
Disclosure

SEC source: 0001094891-16-000659 · edgar.xml · nonDerivative · entry 2

Byorum Martha L · CIK 0001292529 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 115,209

Read SEC document
December 07, 2016 Filed Dec 12, 2016 16:00 UTC SaleOrdinary Shares 2,800 $11.84 $33,152.84
Disclosure

SEC source: 0001094891-16-000659 · edgar.xml · nonDerivative · entry 1

Byorum Martha L · CIK 0001292529 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 125,409

Read SEC document
December 02, 2016 Filed Dec 6, 2016 07:14 UTC
Daes Christian TDirector · Chief Operating Officer
GrantOrdinary Shares 168,912 Not disclosed Not disclosed
Disclosure

SEC source: 0001094891-16-000657 · edgar.xml · nonDerivative · entry 1

Daes Christian T · CIK 0001602945 · Director · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 168,912

F1 · price: The reporting person acquired the ordinary shares as partial consideration for the sale of the reporting person's membership interests in E.S. Windows, LLC to the issuer. The aggregate purchase price paid by the issuer for all the membership interests in ESW was valued at $13,500,000.

Read SEC document
December 02, 2016 Filed Dec 6, 2016 07:13 UTC
Daes Jose MDirector · Chief Executive Officer
GrantOrdinary Shares 227,664 Not disclosed Not disclosed
Disclosure

SEC source: 0001094891-16-000655 · edgar.xml · nonDerivative · entry 1

Daes Jose M · CIK 0001602946 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 227,664

F1 · price: The reporting person acquired the ordinary shares as partial consideration for the sale of the reporting person's membership interests in E.S. Windows, LLC to the issuer. The aggregate purchase price paid by the issuer for all the membership interests in ESW was valued at $13,500,000.

Read SEC document
October 03, 2016 Filed Oct 4, 2016 11:02 UTC
WEIL A LORNEDirector
GrantOrdinary Shares 4,209 $0.00 $0.00
Disclosure

SEC source: 0001094891-16-000634 · edgar.xml · nonDerivative · entry 1

WEIL A LORNE · CIK 0000921873 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 99,902

Read SEC document
October 03, 2016 Filed Oct 4, 2016 14:21 UTC GrantOrdinary Shares 4,209 $0.00 $0.00
Disclosure

SEC source: 0001094891-16-000636 · edgar.xml · nonDerivative · entry 1

Azout Samuel R · CIK 0001602988 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,209

Read SEC document
October 03, 2016 Filed Oct 4, 2016 10:54 UTC GrantOrdinary Shares 4,209 $0.00 $0.00
Disclosure

SEC source: 0001094891-16-000628 · edgar.xml · nonDerivative · entry 1

Byorum Martha L · CIK 0001292529 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 128,209

Read SEC document
October 03, 2016 Filed Oct 4, 2016 14:57 UTC GrantOrdinary Shares 4,209 $0.00 $0.00
Disclosure

SEC source: 0001094891-16-000630 · edgar.xml · nonDerivative · entry 1

Torres Julio A. · CIK 0001543079 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 104,209

Read SEC document
October 03, 2016 Filed Oct 4, 2016 14:59 UTC GrantOrdinary Shares 4,209 $0.00 $0.00
Disclosure

SEC source: 0001094891-16-000632 · edgar.xml · nonDerivative · entry 1

Vilarino Juan Carlos · CIK 0001602038 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,251

Read SEC document
September 12, 2016 Filed Sep 13, 2016 18:29 UTC
Fernandez JoaquinChief Financial Officer · 10% owner
OtherOrdinary Shares 2,491,503 $0.00 $0.00
Disclosure

SEC source: 0001094891-16-000600 · edgar.xml · nonDerivative · entry 1

Energy Holding Corp · CIK 0001602952 · 10% owner

Velilla Becerra Alberto Jose · CIK 0001605631 · 10% owner

Fernandez Joaquin · CIK 0001602798 · Chief Financial Officer · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,891,270

F1 · kind: The reporting person distributed these shares to its shareholders on a pro rata basis (with certain shareholders foregoing their right to receive such shares).

F2 · ownership.direct: Represents securities held by Energy Holding Corporation. As a director of Energy Holding Corporation, Mr. Becerra shares voting and dispositive power over securities held by Energy Holding Corporation with Mr. Joaquin Fernandez. Messrs. Becerra and Fernandez disclaim beneficial ownership of such securities except to the extent of their pecuniary interests therein.

Read SEC document
September 12, 2016 Filed Sep 14, 2016 21:35 UTC OtherOrdinary Shares 16,042 $0.00 $0.00
Disclosure

SEC source: 0001094891-16-000608 · edgar.xml · nonDerivative · entry 1

Vilarino Juan Carlos · CIK 0001602038 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,042

F1 · kind: Pro rata distribution from Energy Holding Corp., of which the reporting person was a shareholder.

Read SEC document
September 08, 2016 Filed Sep 9, 2016 16:00 UTC
Fernandez JoaquinChief Financial Officer · 10% owner
SaleWarrant · Derivative 789,082 Not disclosed Strike: $8.00 Not disclosed
Disclosure

SEC source: 0001094891-16-000595 · edgar.xml · derivative · entry 2

Energy Holding Corp · CIK 0001602952 · 10% owner

Velilla Becerra Alberto Jose · CIK 0001605631 · 10% owner

Fernandez Joaquin · CIK 0001602798 · Chief Financial Officer · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Ordinary Shares · 789,082 shares

Expires 2016-12-20

F1 · price: The reporting person disposed of 789,082 warrants in exchange for 315,632 ordinary shares in an issuer exchange offer.

F2 · ownership.direct: Represents securities held by Energy Holding Corporation. As a director of Energy Holding Corporation, Mr. Becerra shares voting and dispositive power over securities held by Energy Holding Corporation with Mr. Joaquin Fernandez. Messrs. Becerra and Fernandez disclaim beneficial ownership of such securities except to the extent of their pecuniary interests therein.

Read SEC document
September 08, 2016 Filed Sep 9, 2016 16:00 UTC
Fernandez JoaquinChief Financial Officer · 10% owner
PurchaseOrdinary Shares 315,632 Not disclosed Not disclosed
Disclosure

SEC source: 0001094891-16-000595 · edgar.xml · nonDerivative · entry 1

Energy Holding Corp · CIK 0001602952 · 10% owner

Velilla Becerra Alberto Jose · CIK 0001605631 · 10% owner

Fernandez Joaquin · CIK 0001602798 · Chief Financial Officer · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,382,773

F1 · price: The reporting person disposed of 789,082 warrants in exchange for 315,632 ordinary shares in an issuer exchange offer.

F2 · ownership.direct: Represents securities held by Energy Holding Corporation. As a director of Energy Holding Corporation, Mr. Becerra shares voting and dispositive power over securities held by Energy Holding Corporation with Mr. Joaquin Fernandez. Messrs. Becerra and Fernandez disclaim beneficial ownership of such securities except to the extent of their pecuniary interests therein.

Read SEC document
September 08, 2016 Filed Sep 9, 2016 11:18 UTC Disposition to issuerWarrants · Derivative 110,000 Not disclosed Strike: $8.00 Not disclosed
Disclosure

SEC source: 0001094891-16-000593 · edgar.xml · derivative · entry 2

Byorum Martha L · CIK 0001292529 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Ordinary Shares · 110,000 shares

Expires 2016-12-20

F1 · price: The reporting person disposed of 110,000 warrants in exchange for 44,000 ordinary shares in an issuer exchange offer.

Read SEC document
September 08, 2016 Filed Sep 9, 2016 11:18 UTC GrantOrdinary Shares 44,000 $0.00 $0.00
Disclosure

SEC source: 0001094891-16-000593 · edgar.xml · nonDerivative · entry 1

Byorum Martha L · CIK 0001292529 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 124,000

F1 · price: The reporting person disposed of 110,000 warrants in exchange for 44,000 ordinary shares in an issuer exchange offer.

Read SEC document
September 02, 2016 Filed Sep 6, 2016 12:22 UTC SaleOrdinary Shares 36 $12.46 $448.60
Disclosure

SEC source: 0001094891-16-000591 · edgar.xml · nonDerivative · entry 2

Torres Julio A. · CIK 0001543079 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 100,000

Read SEC document
September 02, 2016 Filed Sep 6, 2016 12:22 UTC SaleOrdinary Shares 4,800 $12.53 $60,153.60
Disclosure

SEC source: 0001094891-16-000591 · edgar.xml · nonDerivative · entry 1

Torres Julio A. · CIK 0001543079 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 100,036

Read SEC document
December 31, 2015 Filed Dec 22, 2016 12:48 UTC
Fernandez JoaquinChief Financial Officer · 10% owner
OtherOrdinary Shares 1,000,000 $0.00 $0.00
Disclosure

SEC source: 0001094891-16-000663 · edgar.xml · nonDerivative · entry 2

Energy Holding Corp · CIK 0001602952 · 10% owner

Velilla Becerra Alberto Jose · CIK 0001605631 · 10% owner

Fernandez Joaquin · CIK 0001602798 · Chief Financial Officer · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,891,270

F2 · kind: On December 31, 2015, EHC became entitled to receive 1,000,000 ordinary shares of the issuer pursuant to the "earn-out" provision contained in the Merger Agreement consummated in connection with the issuer's December 2013 merger. The Merger Agreement provided that EHC would receive the shares, for no additional consideration, if the issuer's EBITDA for the fiscal year ending December 31, 2015 exceeded $40 million. The issuer's EBITDA for the fiscal year ending December 31, 2015 exceeded such amount, as a result of which EHC acquired the shares pursuant to the Merger Agreement. The number of shares issuable pursuant to the earn-out right was determined on August 17, 2013 pursuant to the terms of the Merger Agreement which set forth the exact number of shares subject to such earn-out right. Accordingly, EHC's right to receive such shares became fixed and irrevocable on December 20, 2013, the effective date of the merger.

F2 · price: On December 31, 2015, EHC became entitled to receive 1,000,000 ordinary shares of the issuer pursuant to the "earn-out" provision contained in the Merger Agreement consummated in connection with the issuer's December 2013 merger. The Merger Agreement provided that EHC would receive the shares, for no additional consideration, if the issuer's EBITDA for the fiscal year ending December 31, 2015 exceeded $40 million. The issuer's EBITDA for the fiscal year ending December 31, 2015 exceeded such amount, as a result of which EHC acquired the shares pursuant to the Merger Agreement. The number of shares issuable pursuant to the earn-out right was determined on August 17, 2013 pursuant to the terms of the Merger Agreement which set forth the exact number of shares subject to such earn-out right. Accordingly, EHC's right to receive such shares became fixed and irrevocable on December 20, 2013, the effective date of the merger.

F4 · balance_after: The shares acquired in this transaction are already reflected in prior Form 4 filings by EHC and this Form 4 is simply reporting the transaction itself.

F6 · ownership.direct: Represents securities held by EHC. As a director of EHC, Mr. Becerra shares voting and dispositive power over securities held by EHC with Mr. Joaquin Fernandez. Messrs. Becerra and Fernandez disclaim beneficial ownership of such securities except to the extent of their pecuniary interests therein.

Read SEC document
December 31, 2014 Filed Dec 22, 2016 12:48 UTC
Fernandez JoaquinChief Financial Officer · 10% owner
OtherOrdinary Shares 500,000 $0.00 $0.00
Disclosure

SEC source: 0001094891-16-000663 · edgar.xml · nonDerivative · entry 1

Energy Holding Corp · CIK 0001602952 · 10% owner

Velilla Becerra Alberto Jose · CIK 0001605631 · 10% owner

Fernandez Joaquin · CIK 0001602798 · Chief Financial Officer · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,891,270

F1 · kind: On December 31, 2014, Energy Holding Corp. ("EHC") became entitled to receive 500,000 ordinary shares of the issuer pursuant to an "earn-out" provision contained in the Agreement and Plan of Reorganization ("Merger Agreement") consummated in connection with the issuer's December 2013 merger. The Merger Agreement provided that EHC would receive the shares, for no additional consideration, if the issuer's EBITDA for the fiscal year ending December 31, 2016 exceeded $36 million. The issuer's EBITDA for the fiscal year ending December 31, 2014 exceeded such amount, as a result of which EHC acquired the shares pursuant to the Merger Agreement. The number of shares issuable pursuant to the earn-out right was determined on August 17, 2013 pursuant to the terms of the Merger Agreement which set forth the exact number of shares subject to such earn-out right. Accordingly, EHC's right to receive such shares became fixed and irrevocable on December 20, 2013, the effective date of the merger.

F1 · price: On December 31, 2014, Energy Holding Corp. ("EHC") became entitled to receive 500,000 ordinary shares of the issuer pursuant to an "earn-out" provision contained in the Agreement and Plan of Reorganization ("Merger Agreement") consummated in connection with the issuer's December 2013 merger. The Merger Agreement provided that EHC would receive the shares, for no additional consideration, if the issuer's EBITDA for the fiscal year ending December 31, 2016 exceeded $36 million. The issuer's EBITDA for the fiscal year ending December 31, 2014 exceeded such amount, as a result of which EHC acquired the shares pursuant to the Merger Agreement. The number of shares issuable pursuant to the earn-out right was determined on August 17, 2013 pursuant to the terms of the Merger Agreement which set forth the exact number of shares subject to such earn-out right. Accordingly, EHC's right to receive such shares became fixed and irrevocable on December 20, 2013, the effective date of the merger.

F4 · balance_after: The shares acquired in this transaction are already reflected in prior Form 4 filings by EHC and this Form 4 is simply reporting the transaction itself.

F6 · ownership.direct: Represents securities held by EHC. As a director of EHC, Mr. Becerra shares voting and dispositive power over securities held by EHC with Mr. Joaquin Fernandez. Messrs. Becerra and Fernandez disclaim beneficial ownership of such securities except to the extent of their pecuniary interests therein.

Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.