0001493152-17-004484.txt : 20170427 0001493152-17-004484.hdr.sgml : 20170427 20170427171755 ACCESSION NUMBER: 0001493152-17-004484 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170427 FILED AS OF DATE: 20170427 DATE AS OF CHANGE: 20170427 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Quest Solution, Inc. CENTRAL INDEX KEY: 0000278165 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 020314487 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 860 CONGER STREET CITY: EUGENE STATE: OR ZIP: 97402 BUSINESS PHONE: 800-242-7272 MAIL ADDRESS: STREET 1: 860 CONGER STREET CITY: EUGENE STATE: OR ZIP: 97402 FORMER COMPANY: FORMER CONFORMED NAME: AMERIGO ENERGY, INC. DATE OF NAME CHANGE: 20081112 FORMER COMPANY: FORMER CONFORMED NAME: STRATEGIC GAMING INVESTMENTS, INC. DATE OF NAME CHANGE: 20060501 FORMER COMPANY: FORMER CONFORMED NAME: LEFT RIGHT MARKETING TECHNOLOGY INC DATE OF NAME CHANGE: 20031002 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lustgarten Shai Shalom CENTRAL INDEX KEY: 0001590995 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-09047 FILM NUMBER: 17790305 MAIL ADDRESS: STREET 1: 27, HAMETZUDA STREET CITY: AZOR STATE: L3 ZIP: 5800171 FORMER NAME: FORMER CONFORMED NAME: Lustgarten Shai DATE OF NAME CHANGE: 20131104 4 1 form4.xml X0306 4 2017-04-27 0 0000278165 Quest Solution, Inc. QUES 0001590995 Lustgarten Shai Shalom 3663 GILROY ROAD SALT LAKE CITY UT 84109 1 1 0 0 Chief Executive Officer Common Stock 2017-04-27 4 A 0 640000 A 640000 D Stock Options 0.075 2017-04-27 4 A 0 760333 A 2017-02-17 2022-02-17 Common Stock 760333 760333 D Stock Options 0.09 2017-04-27 4 A 0 760333 A 2018-02-19 2022-02-17 Common Stock 760333 760333 D Stock Options 0.09 2017-04-27 4 A 0 760334 A 2019-02-17 2022-02-17 Common Stock 760334 760334 D In connection with Mr. Shai Lustgarten's appointment as President and CEO of the Company, the Company and Mr. Lustgarten entered into an Employment Agreement dated February 17, 2017 and a Modification Agreement dated April 1, 2017 (collectively the "Lustgarten Employment Agreement"), pursuant to which Mr. Lustgarten shall be eligible to receive a one-time sign-on bonus of $48,000 worth of shares of the Company's restricted common stock which represents 640,000 restricted common stock, which will vest upon approval on the 2017 Financial Plan submitted to the Board of Directors. On April 27, 2017, the Board of Directors of the Company approved, authorized and directed the Company to issue 640,000 shares of Common Stock to Mr. Lustgarten. Pursuant to the Lustgarten Employment Agreement, Mr. Lustgarten shall be able to receive a stock option grant of 2,281,000 stock options. The options are exercisable as follows: options to purchase 760,333 shares are immediately vested on February 17, 2017 at an exercise price of $0.075 per share; options to purchase 760,333 shares vest on February 19, 2018 at an exercise price of $0.09 per share, and options to purchase 760,334 shares vest on February 17, 2019 at an exercise price of $0.09 per share, subject to any change in control acceleration provisions. The exercise price of the options was agreed to pursuant to the Employment Agreement dated February 17, 2017. /S/ Shai Lustgarten 2017-04-27