Monaker Group, Inc. 4
4 · Monaker Group, Inc. · Filed Oct 28, 2016
Insider Transaction Report
Form 4
LaVecchia Pat
Director
Transactions
- Other
Common Stock
2016-08-23$2.50/sh+2,000$5,000→ 126,100 total - Other
Series D Preferred Stock
2016-08-23−1,000→ 0 total→ Common Stock (400 underlying)
Footnotes (2)
- [F1]On August 23, 2016, Pat Lavecchia converted 1,000 shares of Series D Preferred Stock into shares of common stock in connection with a special exchange conversion whereby Series D Preferred Stock shareholders were offered a special conversion rate of $2.50 per share of the Issuer's common stock provided accrued dividends were waived (instead of the stated $12.50 conversion price), into 2,000 shares of common stock at $2.50 per share, valued at $5,000.
- [F2]Not applicable