Alan David Gladstone, an insider of Terra Tech Corp., recently acquired 500,000 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on January 12, 2021. Gladstone now owns 1,466,100 shares of the company. Gladstone operates out of Newport Beach, CA. Some additional info was provided as follows:
Represents common stock that was issued to Alan Gladstone by the Issuer upon the effectiveness of Mr. Gladstone's resignation as a Director of the Issuer, pursuant to the terms of the Separation Agreement ("Separation Agreement"), by and between Alan Gladstone and the Issuer, dated as of January 11, 2021.
Pursuant to terms of the Separation Agreement, the Issuer issued 500,00 shares of com mon stock to Mr. Gladstone in consideration of among other things, Mr. Gladstone's resignation as a Director of the Issuer and such parties mutual release of claims.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following:
Entry into a Material Definitive - April 14, 2021
Current report, items 1.01, 5.02, 8.01, and 9.01 - April 9, 2021
Terra Tech Corp. insider just declared owning 0 shares of Terra Tech Corp. - April 8, 2021
Terra Tech Corp. Announces New Board Member - April 8, 2021
Statement of changes in beneficial ownership of securities - April 8, 2021