Earnings Feed
Start Free
Home/Filings/4/A/0001065949-18-000135
4/A//SEC Filing

HARRIS JOHN N 4/A

Accession 0001065949-18-000135

CIK 0001483646other
View on SEC.govCompany Profile

Filed

Sep 30, 8:00 PM ET

Accepted

Oct 1, 8:36 AM ET

Size

37.6 KB

Accession

0001065949-18-000135

Insider Transaction Report

Form 4/AAmended
Period: 2018-04-29
BLACKSTAR ENTERPRISE GROUP, INC.BEGI
HARRIS JOHN N
DirectorCEO10% Owner
Transactions
  • Other

    Common Stock

    2018-04-29−330,000→ 27,650,000 total(indirect: As an Officer and Director of International Hedge Group, Inc.)
  • Exercise/Conversion

    Warrants

    2017-06-14−1,500,000→ 1,500,000 total
    Exercise: $0.05From: 2016-08-30Exp: 2019-08-30→ Common Stock (1,500,000 underlying)
  • Exercise/Conversion

    Warrants

    2018-06-14−1,350,000→ 0 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)
  • 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.)
  • Other

    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

    2018-06-14$0.05/sh+1,300,000$65,000→ 28,950,000 total(indirect: As an Officer and Director of International Hedge Group, Inc.)
  • Exercise/Conversion

    Warrants

    2017-06-14−750,000→ 750,000 total(indirect: As an Officer of Rare Green, Inc.)
    Exercise: $0.05From: 2016-08-30Exp: 2019-08-30→ Common Stock (750,000 underlying)
  • Exercise/Conversion

    Warrants

    2018-06-14−750,000→ 0 total(indirect: As an Officer of Rare Green, Inc.)
    Exercise: $0.05From: 2016-08-30Exp: 2019-08-30→ Common Stock (750,000 underlying)
  • Exercise/Conversion

    Common Stock

    2018-06-14$0.05/sh+722,222$36,111→ 1,442,222 total(indirect: As an Officer of Rare Green, Inc.)
  • Other

    Common Stock

    2018-06-14−1,300,000→ 27,650,000 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 Rare Green, Inc.)
  • Other

    Common Stock

    2017-09-27−16,420,000→ 27,980,000 total(indirect: As an Officer and Director of International Hedge Group, Inc.)
  • Exercise/Conversion

    Common Stock

    2018-06-14$0.05/sh+1,444,445$72,222→ 2,884,445 total
  • Other

    Common Stock

    2018-06-18−16,370,370→ 11,279,630 total(indirect: As an Officer and Director of International Hedge Group, Inc.)
  • Exercise/Conversion

    Warrants

    2017-06-14−1,350,000→ 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)
  • Exercise/Conversion

    Warrants

    2018-06-14→ 0 total
    Exercise: $0.05From: 2016-08-30Exp: 2019-08-30→ Common Stock (1,500,000 underlying)
Footnotes (6)
  • [F1]Mr. Harris 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 Form 4. In addition, Rare Green, Inc., of which Mr. Harris 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 27, 2017, International Hedge Group, Inc. retired 16,420,000, shares to treasury. The Transaction Date was previously misreported as September 29, 2017 and is being corrected to September 27, 2017 in Table I to reflect the date of the resolution of the Board of Directors.
  • [F4]The original Form 4, filed on February 16, 2018, is being amended by this Form 4 amendment in part to correct an administrative error, which misreported several of the transaction codes as "J" when they should have been correctly state "M." Additionally, the price of the derivative securities has been corrected to $0.00, as the warrants were received in exchange for services to the company.
  • [F5]Mr. Harris exercised 1,500,000 warrants in a cashless exercise @ $0.05 per share on June 14, 2018, resulting in 1,444,445 shares of common stock, thereby changing their shareholdings reflected in this amendment. In addition, Rare Green, Inc. of which Mr. Harris is an officer, exercised 750,000 warrants in a cashless exercise @ $0.05 per share on June 14, 2018, resulting in 722,222 shares of common stock.
  • [F6]On April 29, 2018, International Hedge Group, Inc. retired 330,000 shares to treasury simultaneous to the issuance of 330,000 shares purchased in a private placement offering. International Hedge Group, Inc., of which Mr. Harris is an officer and director, exercised 1,350,000 warrants on June 14, 2018 resulting in 1,300,000 shares of common stock, which were assigned to non-affiliated individual advisors to the Company. On June 18, 2018, International Hedge Group, Inc. retired 16,370,370 shares to treasury.

Documents

1 file

Issuer

BLACKSTAR ENTERPRISE GROUP, INC.

CIK 0001483646

→
Entity typeother

Related Parties

1
  • filerCIK 0001459338

Filing Metadata

Form type
4/A
Filed
Sep 30, 8:00 PM ET
Accepted
Oct 1, 8:36 AM ET
Size
37.6 KB
View on SEC.gov