# EDGAR Filing Document

**Accession Number:** 0001195639
**File Stem:** 0001213900-23-003785
**Filing Date:** 2023-1
**Character Count:** 6850
**Document Hash:** 54ea9e523973ba1dbe4cbde4f387ff3f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-23-003785.hdr.sgml**: 20230119

**ACCESSION NUMBER**: 0001213900-23-003785

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230117

**FILED AS OF DATE**: 20230119

**DATE AS OF CHANGE**: 20230119

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** SILVERMAN SCOTT R
- **CENTRAL INDEX KEY:** 0001195639

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-53029
- **FILM NUMBER:** 23537692
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** C-Bond Systems, Inc
- **CENTRAL INDEX KEY:** 0001421636
- **STANDARD INDUSTRIAL CLASSIFICATION:** INVESTORS, NEC [6799]
- **IRS NUMBER:** 261315585
- **STATE OF INCORPORATION:** CO
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 6035 SOUTH LOOP EAST
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77033
- **BUSINESS PHONE:** 832-649-5658

**MAIL ADDRESS:**
- **STREET 1:** 6035 SOUTH LOOP EAST
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77033

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WestMountain Alternative Energy Inc
- **DATE OF NAME CHANGE:** 20071218

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>SILVERMAN SCOTT R<br><sub>(Last) (First) (Middle)</sub><br>6035 SOUTH LOOP EAST<br><sub>(Street)</sub><br>HOUSTON, TX 77033<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-01-17 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_CEO_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>C-Bond Systems, Inc [ CBNT ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-01-17 |  | A |  | 54545455<sup>(1)</sup> | A | $0.0055 | 64315575 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Series B Convertible Preferred Stock<sup>(1)</sup> | $0.0055 | 2023-01-17 |  | A |  | 90<sup>(2)</sup> |  | 2024-05-01<sup>(3)</sup> | <sup>(4)</sup> | Common Stock | 16363636 | 1000<sup>(2)</sup> | 745<sup>(2)</sup> | D |  |

---

### Footnotes:

(1) On January 17, 2023, Scott R. Silverman entered into a subscription agreement with C-Bond Systems, Inc. (the "Company"), pursuant to which he purchased $300,000 of the Company's common stock, par value $0.001, at $0.0055 per share. The shares are not registered.

(2) On December 7, 2022, the Board of Directors ("Board") of the Company awarded an annual bonus for 2022 to Mr. Silverman in the amount of $100,000, 10% of which was to be paid in cash, and 90% of which was to be paid in the Company's equity. On January 17, 2023, the Board approved paying 90% of Mr. Silverman's 2022 bonus in the Company's Series B Convertible Preferred Stock, par value $0.10 ("Series B"). Mr. Silverman received 90 shares of Series B, which has a stated value of $1,000 per share. The Series B is convertible into shares of common stock, par value $0.001 ("Common Stock"), at $0.0055 per share, the low trading price of the Common Stock on the date of the grant, subject to adjustment as described in the Company's Certificate of Designations of Preferences, Rights and Limitations of Series B Preferred Stock.

(3) The shares of Series B granted to Mr. Silverman vest on May 1, 2024, subject to extension as mutually agreed upon by the Board and Mr. Silverman.

(4) No expiration date.

**Signature:** /s/ Scott R. Silverman  
**Date:** 2023-01-19

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* 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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**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 Number.**