Sec Form 4 Filing - LEE DAVID DONGHIE @ NewHydrogen, Inc. - 2021-01-15

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
LEE DAVID DONGHIE
2. Issuer Name and Ticker or Trading Symbol
NewHydrogen, Inc. [ NEWH]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CEO, Acting CFO
(Last) (First) (Middle)
NEWHYDROGEN, INC., 27936 LOST CANYON ROAD SUITE 202
3. Date of Earliest Transaction (MM/DD/YY)
01/15/2021
(Street)
SANTA CLARITA, CA91387
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Series B Non-Convertible Preferred Stock 01/15/2021( 1 ) J 1,000 A $ 0.0001 1,000 D
Series B Non-Convertible Preferred Stock 03/01/2021( 2 ) J 1,000 D $ 0.0001 0 D
Series D Non-Convertible Preferred Stock 04/15/2021( 3 ) J 1,000 A $ 0.0001 1,000 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
LEE DAVID DONGHIE
NEWHYDROGEN, INC.
27936 LOST CANYON ROAD SUITE 202
SANTA CLARITA, CA91387
X X CEO, Acting CFO
Signatures
/s/ David Lee 05/11/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Reporting Person was issued 1,000 shares of Series B Non-Convertible Preferred Stock on January 15, 2021, The Series B Non-Convertible Preferred Stock did not have a dividend rate or liquidation preference and were not convertible into shares of the Company's common stock. Under the terms and during the time in which the shares of the Series B Preferred Stock remained issued and outstanding, the Reporting Person thereof, had the right to voting separately as a class with voting power equal to 51% of the total vote (representing a super majority voting power) on all shareholder matters of the Company. Such vote was to be determined by the holder(s) of a majority of the then issued and outstanding shares of Series B Preferred Stock.
( 2 )These shares of the Series B Preferred Stock were automatically redeemed by the Company on March 1, 2021 upon expiration, which was the date forty five (45) days after the effective date of issuance of such shares.
( 3 )The Reporting Person was issued 1,000 shares of Series D Non-Convertible Preferred Shares on April 15, 2021. The shares of the Series D Preferred Stock shall be automatically redeemed by the Company at their par value on the first to occur of the following triggering events: (i) expiration date, which is 45 days commencing from the issuance date. The Series D Preferred Stock does not pay a dividend, does not have any liquidation preference over other securities issued by the Company and are not convertible into shares of the Company's common stock., (ii) on the date the Reporting Person ceases, for any reason, to serve as officer, director or consultant of the Company, or (ii) on the date that the Company's shares of common stock first trade on any national securities exchange and such listing is conditioned upon the elimination of the preferential voting rights of the Series D Preferred Stock set forth in the Certificate of Designation.

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