DEAN RICHARD O 5
5 · STRATUS CAPITAL CORP · Filed Nov 12, 2020
Insider Transaction Report
Form 5
DEAN RICHARD O
DirectorOther
Transactions
- Other
Series A Preferred Stock
2019-01-17+325,000→ 325,000 total(indirect: By Spouse) - Disposition from Tender
Series A Preferred Stock
2020-10-28−325,000→ 0 total(indirect: By Spouse) - OtherSwap
Common Stock
2018-06-28+4,471,330→ 4,471,330 total - Other
Common Stock
2018-09-30$0.06/sh+2,500,000$137,500→ 6,971,330 total - Other
Series A Preferred Stock
2019-01-17+675,000→ 675,000 total - Disposition from Tender
Common Stock
2020-10-28−2,017,271→ 0 total(indirect: By Spouse) - Disposition from Tender
Series A Preferred Stock
2020-10-28−675,000→ 0 total - OtherSwap
Common Stock
2018-06-28+2,017,271→ 2,017,271 total(indirect: By Spouse) - Disposition from Tender
Common Stock
2020-10-28−5,971,330→ 1,000,000 total
Footnotes (4)
- [F1]Willamette Group Trust (beneficially Pedro C. Gonzalez, Trustee) acquired the shares for $75,000 in cash, due January 15, 2021 and $75,000 in an 8% secured promissory note due March 31, 2021, with the securities pledged as collateral. As additional consideration, Mr. Gonzalez agreed to personally guarantee the existing promissory note between the Deans and Stratus Capital Corp., with an anticipated repayment date of March 31, 2021. On October 25, 2020, Mr. Dean resigned as CEO, President, and Chairman of the Board but remains a director on the Board of Directors. Mr. Gonzalez was appointed CEO and is also a director.
- [F2]As a result of the Holding Company Reorganization, shareholders in publicly quoted ASHMC (formerly the shareholders of Ashcroft Homes Corporation as of the date of the reorganization) became shareholders in the publicly quoted Stratus Capital. Richard Dean (4,471,330) and Reagan Dean (2,017,271) were originally shareholders of Ashcroft Homes Corporation that received shares of Stratus Capital Corp. in exchange.
- [F3]Effective January 17, 2019, Stratus Capital Corp. issued 1,000,000 shares of Series A Super Majority Voting Preferred Stock for cash consideration of $10,000 and compensation for services totaling $75,500 to Richard and Reagan Dean. Series A Preferred can vote equivalent of 60% of common stock at all times. The stock was valued using a market approach at $85,500 by an independent valuation firm.
- [F4]Effective September 30, 2018, Stratus Capital Corp. issued 2,500,000 shares of common stock as compensation (valued at $137,500) to Mr. Dean as a director and officer of the Issuer.