4//SEC Filing
Gray John 4
Accession 0001493152-21-004872
CIK 0001691077other
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 9:00 AM ET
Size
8.8 KB
Accession
0001493152-21-004872
Insider Transaction Report
Form 4
Gray John
10% Owner
Transactions
- Conversion
Common Stock
2021-02-25$0.50/sh+1,000,000$500,000→ 1,517,690 total - Conversion
Convertible Promissory Note (convertible into Common Stock)
2021-02-25$0.50/sh−1,000,000$500,000→ 0 totalExercise: $0.50→ Common Stock (1,000,000 underlying)
Holdings
- 4,775,000(indirect: See footnote 3)
Common Stock
Footnotes (4)
- [F1]Pursuant to the terms of the Convertible Promissory Note (the "Note"), the Reporting Person acquired 1,000,000 shares of Common Stock upon conversion of $500,000 in principal amount of the Note.
- [F2]Following the transaction on 2/25/2021, 1,517,690 shares of common stock beneficially owned by the Reporting Person are held by the Reporting Person directly.
- [F3]4,775,000 shares of common stock beneficially owned by the Reporting Person are held of record by Gray Mars Venus Trust, Arizona 2015, which is an entity that is controlled by the Reporting Person. The Reporting Person has voting and dispositive control over any securities owned of record by Gray Mars Venus Trust, Arizona 2015.
- [F4]The maturity date of the Note is January 6, 2022. In addition, prior to the Maturity Date, at any time after the effective date of the Note, the Reporting Person may, in his discretion, elect to convert all of the unpaid principal balance of the Note and all or none of the accrued interest into shares of Common Stock in accordance with the terms of the Note.
Documents
Issuer
Rideshare Rental, Inc.
CIK 0001691077
Entity typeother
Related Parties
1- filerCIK 0001842115
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 9:00 AM ET
- Size
- 8.8 KB