000-27592
|
22-1436279
|
(Commission
File No.)
|
(IRS
Employer ID)
|
Name
of Beneficial Owner (1)
|
Common
Stock
Beneficially
Owned
|
Percentage
of
Common
Stock (2)
|
|||||
John
King
|
34,500,000
|
9.75
|
%
|
||||
Donna
Silverman
|
1,617,214
|
0.46
|
%
|
||||
David
Marks SEP IRA(3)
|
40,500,000
|
11.45
|
%
|
||||
Frank
Crivello SEP IRA (4)
|
200,000,000
|
56.54
|
%
|
||||
Senegis
LLC (5)
|
27,710,000
|
7.83
|
%
|
||||
All
officers and directors as a group (3 persons)
|
70,617,214
|
21.66
|
%
|
(1)
|
Except
as otherwise indicated, the address of each beneficial owner is c/o
Tech
Laboratories, Inc.
1818
North Farwell Avenue, Milwaukee, Wisconsin 53202.
|
(2)
|
Applicable
percentage ownership is based on an assumption of 353,710,210 shares
of
common stock outstanding as of April 20, 2007, assuming full conversion
of
the Preferred Stock, together with other securities exercisable or
convertible into shares of common stock within 60 days of such date
by
each stockholder. Beneficial ownership is determined in accordance
with
the rules of the Securities and Exchange Commission and generally
includes
voting or investment power with respect to securities. Shares of
common
stock that are currently obtainable or obtainable within 60 days
of April
20, 2007 by exercise or conversion of other securities are deemed
to be
beneficially owned by the person holding such securities for the
purpose
of computing the percentage of ownership of such person, but are
not
treated as outstanding for the purpose of computing the percentage
ownership of any other person.
|
(3)
|
Of
the shares attributed to Mr. Marks, 3,000,000 shares are registered
in the
name of the Irrevocable Children’s Trust (“ICT”) and 3,000,000 are
registered in the name of Phoenix Investors, LLC (“Phoenix). Phoenix is
controlled by Irrevocable Children’s Trust No. 2 (“ICT2”), of which Mr.
Marks is a trustee.
|
(4)
|
Mr.
Crivello is also the managing member of Crivello Group, LLC which
owns
10,000,000 shares of common stock.
|
(5)
|
Lyanne
Greystoke has voting and dispositive power with respect to the shares
owned by Senegis LLC.
|
Name
of Beneficial Owner
|
Common
Stock
Beneficially
Owned
|
Percentage
of
Common
Stock (1)
|
|||||
John
King
|
34,500,000
|
9.75
|
%
|
||||
David
Marks SEP IRA(2)
|
40,500,000
|
11.45
|
%
|
||||
Frank
Crivello SEP IRA (3)
|
200,000,000
|
56.54
|
%
|
1.
|
Applicable
percentage ownership is based on an assumption of 353,710,210 shares
of
common stock outstanding as of April 20, 2007, assuming full conversion
of
the Preferred Stock, together with other securities exercisable or
convertible into shares of common stock within 60 days of such date
by
each stockholder. Beneficial ownership is determined in accordance
with
the rules of the Securities and Exchange Commission and generally
includes
voting or investment power with respect to securities. Shares of
common
stock that are currently obtainable or obtainable within 60 days
of April
20, 2007 by exercise or conversion of other securities are deemed
to be
beneficially owned by the person holding such securities for the
purpose
of computing the percentage of ownership of such person, but are
not
treated as outstanding for the purpose of computing the percentage
ownership of any other person.
|
2.
|
Of
the shares attributed to Mr. Marks, 3,000,000 shares are registered
in the
name of ICT and 3,000,000 are registered in the name of Phoenix.
Phoenix
is controlled by ICT2 and Mr. Marks is a trustee of
ICT2.
|
3.
|
Mr.
Crivello is also the managing member of Crivello Group, LLC which
owns
10,000,000 shares of common stock.
|
Name
& Principal Position
|
Year
|
Salary
($)
|
Bonus
($)
|
Stock
Awards($)
|
Option
Awards ($)
|
Non-Equity
Incentive Plan Compensation ($)
|
Change
in Pension Value and Non-Qualified Deferred Compensation Earnings
($)
|
All
Other Compensation ($)
|
Total
($)
|
|||||||||||||||||||
John
King, Chief Executive Officer
|
2006
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|||||||||||||||||||
and
Chief Financial Officer
|
2005
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|||||||||||||||||||
Donna
Silverman, former President,
|
2006
|
51,195*
|
0
|
0*
|
0
|
0
|
0
|
0
|
51,195
|
|||||||||||||||||||
Chief
Executive Officer and Chief
|
2005
|
91,355*
|
0
|
0*
|
0
|
0
|
0
|
0
|
91,355
|
|||||||||||||||||||
Financial
Officer
|
TECH
LABORATORIES, INC.
|
||
|
|
|
By: |
/s/
John
King
|
|
John King |
||
Chief
Executive Officer and Chief Financial
Officer
|