Home/Filings/4/0001019687-14-000537
4//SEC Filing

Nxt-ID, Inc. 4

Accession 0001019687-14-000537

$LGMKCIK 0001566826operating

Filed

Feb 13, 7:00 PM ET

Accepted

Feb 14, 1:40 PM ET

Size

5.1 KB

Accession

0001019687-14-000537

Insider Transaction Report

Form 4
Period: 2014-01-13
Pereira Gino Miguel
DirectorChief Executive Officer10% Owner
Transactions
  • Disposition to Issuer

    Common Stock

    2014-01-13245,07811,254,922 total
Footnotes (1)
  • [F1]Pursuant to a Purchase Agreement in a private offering by the Issuer of shares and warrants (the "Offering"), the Issuer's founders who are members of management (the "Founders") agreed to cancel a corresponding number of shares to those shares issued in the Offering and place in escrow a corresponding number of shares to be cancelled for each warrant share issued. The Founders took these actions as a sign of support for the Issuer's continued business activities going forward. As a result of these actions there was no net increase in the Issuer's issued share capital as a result of the Offering.

Issuer

Nxt-ID, Inc.

CIK 0001566826

Entity typeoperating
IncorporatedNV

Related Parties

1
  • filerCIK 0001566826

Filing Metadata

Form type
4
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 1:40 PM ET
Size
5.1 KB