Nutrastar International Inc. 4
4 · Nutrastar International Inc. · Filed Feb 2, 2016
Insider Transaction Report
Form 4
Fearon Richard E. Jr.
Director
Transactions
- Award
Common Stock, par value $0.001 per share
2016-01-29+323,535→ 451,453 total - Award
Common Stock, par value $0.001 per share
2016-01-29+4,205,953→ 6,237,326 total(indirect: By LLC)
Footnotes (3)
- [F1]Issued pursuant to a Note and Common Stock Purchase Agreement (the "Agreement") dated January 29, 2016, between the Issuer and the Reporting Person where the Issuer borrowed $50,000 from the Reporting Person. Under the terms of the Agreement, the Note bears interest at 1% per month, payable monthly, and in further consideration for the loan, a grant of 323,535 shares of restricted common stock were issued to the Reporting Person.
- [F2]Issued pursuant to a Note and Common Stock Purchase Agreement (the "Agreement") dated January 29, 2016, between the Issuer and the Reporting Person where the Issuer borrowed $650,000 from the Reporting Person. Under the terms of the Agreement, the Note bears interest at 1% per month, payable monthly, and in further consideration for the loan, a grant of 4,205,953 shares of restricted common stock were issued to the Reporting Person.
- [F3]The Reporting Person is the managing partner of Accretive Capital Management, LLC, which is the manager of Accretive Capital Partners, LLC, and has sole voting and investment power over the securities held by Accretive Capital Partners, LLC.