⌘K

Login Start Free

Home/Filings/4/0001065949-18-000032

4//SEC Filing

KURCZODYNA JOSEPH E 4

Accession 0001065949-18-000032

CIK 0001483646other

View on SEC.gov Company Profile

Filed

Feb 15, 7:00 PM ET

Accepted

Feb 16, 12:20 PM ET

Size

18.9 KB

Accession

0001065949-18-000032

Insider Transaction Report

Form 4

Period: 2017-06-14

BLACKSTAR ENTERPRISE GROUP, INC.BEGI

KURCZODYNA JOSEPH E

DirectorCFO10% Owner

Transactions

Exercise/Conversion
Common Stock
2017-09-29−16,420,000→ 27,980,000 total(indirect: As an Officer and Director of International Hedge Group, Inc.)
Exercise/Conversion
Warrants
2017-06-14$0.05/sh−1,500,000$75,000→ 1,500,000 total
Exercise: $0.05From: 2016-08-30Exp: 2019-08-30→ Common Stock (1,500,000 underlying)
Exercise/Conversion
Common Stock
2017-06-14$0.05/sh+1,440,000$72,000→ 1,440,000 total
Exercise/Conversion
Common Stock
2017-06-14$0.05/sh+1,296,000$64,800→ 45,696,000 total(indirect: As an Officer and Director of International Hedge Group, Inc.)
Exercise/Conversion
Common Stock
2017-06-14$0.05/sh−1,296,000$64,800→ 44,400,000 total(indirect: As an Officer and Director of International Hedge Group, Inc.)
Exercise/Conversion
Common Stock
2017-06-14$0.05/sh+720,000$36,000→ 720,000 total(indirect: As an Officer of Patriot Mtg. Acceptance Corp.)
Exercise/Conversion
Warrants
2017-06-14$0.05/sh−750,000$37,500→ 750,000 total(indirect: As an Officer of Patriot Mtg. Acceptance Corp.)
Exercise: $0.05From: 2016-08-30Exp: 2019-08-30→ Common Stock (750,000 underlying)
Exercise/Conversion
Warrants
2017-06-14$0.05/sh−1,350,000$67,500→ 1,350,000 total(indirect: As an Officer and Director of International Hedge Group, Inc.)
Exercise: $0.05From: 2016-08-30Exp: 2019-08-30→ Common Stock (1,350,000 underlying)

Footnotes (3)

[F1]Mr. Kurczodyna exercised 1,500,000 warrants in a cashless exercise @ $0.05 per share on June 14, 2017, resulting in 1,440,000 shares of common stock, thereby changing their shareholdings reflected in this amendment. In addition, Patriot Mortgage Acceptance Corp., of which Mr. Kurczodyna is an officer, exercised 750,000 warrants in a cashless exercise @ $0.05 per share on June 14, 2017, resulting in 720,000 shares of common stock.
[F2]The cashless exercise of 1,350,000 warrants by International Hedge Group, Inc. 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.
[F3]On September 29, 2017, International Hedge Group, Inc. retired 16,420,000 shares to treasury.

Documents

1 file

4
primary_doc.xmlPrimary
PRIMARY DOCUMENT

Issuer

BLACKSTAR ENTERPRISE GROUP, INC.

CIK 0001483646

Entity typeother

Related Parties

1

filerCIK 0001700352

Filing Metadata

Form type: 4
Filed: Feb 15, 7:00 PM ET
Accepted: Feb 16, 12:20 PM ET
Size: 18.9 KB

View on SEC.gov