07/02/2026 | Press release | Distributed by Public on 07/02/2026 16:00
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN 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. | |||
| 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. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Stock Units | (5) | 06/30/2026 | A | 64,904 | (5) | (5) | Common Stock | 64,904 | $ 0 | 64,904 | D | ||||
| Restricted Stock Units | (6) | 06/30/2026 | A | 575,352 | (6) | (6) | Common Stock | 575,352 | $ 0 | 575,352 | D | ||||
| Restricted Stock Units | (7) | 06/30/2026 | A | 69,919 | (7) | (7) | Common Stock | 69,919 | $ 0 | 69,919 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Bercovich Michael C/O BLINK CHARGING CO. 17301 MELFORD BLVD. BOWIE, MD 20715 |
Chief Financial Officer | |||
| /s/ Michael Bercovich | 07/02/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(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) | The Reporting Person received restricted stock units granted under the Issuer's 2018 Incentive Compensation Plan (the "Plan"). Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units vest in three equal increments, one-third of which vested immediately and the remaining two-thirds to vest on the first and second anniversaries of April 14, 2026, the date the Issuer's Board of Directors approved the grant, which was subject to stockholder approval to increase the number of shares reserved for issuance under the Plan (the "Amendment") at the Issuer's 2026 Annual Meeting of Stockholders held on June 30, 2026 (the "Annual Meeting"). The Issuer's stockholders approved the Amendment on June 30, 2026. |
| (2) | This transaction represents the withholding of shares of Common Stock to satisfy the tax withholding obligations following the vesting of restricted stock units. |
| (3) | The Reporting Person received restricted stock units granted under the Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units vest in three annual increments on the first, second and third anniversaries of April 14, 2026, the date the Issuer's Board of Directors approved the grant, which was subject to stockholder approval of the Amendment at the Annual Meeting. The Issuer's stockholders approved the Amendment on June 30, 2026. |
| (4) | This transaction represents the withholding of shares of Common Stock to satisfy the tax withholding obligations following the vesting of restricted stock units. |
| (5) | The Reporting Person received restricted stock units granted under the Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units vest in 25% increments if the closing price of the Issuer's Common Stock meets or exceeds $3.00, $5.00, $7.50 and $9.00 per share, respectively, for 90 consecutive trading days, with 100% acceleration of vesting upon a change in control if the stock price hurdle is not met or exceeded by the value of the consideration paid to the Issuer's common stockholders in the change in control transaction. The grant of such restricted stock units was subject to stockholder approval of the Amendment at the Annual Meeting. The Issuer's stockholders approved the Amendment on June 30, 2026. |
| (6) | The Reporting Person received restricted stock units granted under the Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units vest in full if the closing price of the Issuer's Common Stock meets or exceeds $2.25 per share for 60 trading days. The grant of such restricted stock units was subject to stockholder approval of the Amendment at the Annual Meeting. The Issuer's stockholders approved the Amendment on June 30, 2026. |
| (7) | The Reporting Person received restricted stock units granted under the Plan. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock. The restricted stock units vest in full upon the resolution of material weaknesses in the Issuer's internal controls over financial reporting and the approval by the Issuer's Board of Directors. The grant of such restricted stock units was subject to stockholder approval of the Amendment at the Annual Meeting. The Issuer's stockholders approved the Amendment on June 30, 2026. |