INTERNATIONAL HEDGE GROUP, INC. 4
4 · BLACKSTAR ENTERPRISE GROUP, INC. · Filed Feb 16, 2018
Insider Transaction Report
Form 4
INTERNATIONAL HEDGE GROUP, INC.
10% Owner
Transactions
- Exercise/Conversion
Common Stock
2017-06-14$0.05/sh+1,296,000$64,800→ 45,696,000 total - Exercise/Conversion
Common Stock
2017-06-14$0.05/sh−1,296,000$64,800→ 44,400,000 total - Exercise/Conversion
Warrants
2017-06-14$0.05/sh−1,350,000$67,500→ 1,350,000 totalExercise: $0.05From: 2016-08-30Exp: 2019-08-30→ Common Stock (1,350,000 underlying) - Exercise/Conversion
Common Stock
2017-09-29−16,420,000→ 27,980,000 total
Footnotes (2)
- [F1]The cashless exercise of 1,350,000 warrants on June 14, 2017 resulted in 1,296,000 shares of common stock, which were assigned in part to THL Holdings, LLC (960,000), with the remainder being assigned to three other non-affiliate shareholders of BlackStar Enterprise Group, Inc.
- [F2]On September 29, 2017, International Hedge Group, Inc. retired 16,420,000 shares to treasury.