4//SEC Filing
Hayes John William 4
Accession 0001096906-18-000523
CIK 0001456212other
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 6:08 PM ET
Size
18.6 KB
Accession
0001096906-18-000523
Insider Transaction Report
Form 4
Hayes John William
Director10% Owner
Transactions
- Conversion
Common Stock
2017-11-09+10,757,254→ 17,751,611 total - Purchase
Warrant to Purchase Common Stock
2017-11-09+1,344,657→ 1,344,656 totalExercise: $0.50From: 2017-11-09Exp: 2021-11-09→ Common Stock (1,344,657 underlying) - Purchase
Warrant to Purchase Common Stock
2017-11-09+1,344,657→ 1,344,656 totalExercise: $0.50From: 2017-11-09Exp: 2022-11-09→ Common Stock (1,344,657 underlying) - Purchase
Warrant to Purchase Common Stock
2018-07-06+800,000→ 7,367,285 totalExercise: $0.25From: 2018-07-06Exp: 2023-07-06→ Common Stock (800,000 underlying) - Purchase
Warrant to Purchase Common Stock
2017-11-09+1,344,656→ 1,344,656 totalExercise: $0.50From: 2017-11-09Exp: 2019-11-09→ Common Stock (1,344,656 underlying) - Conversion
Common Stock Covertible
2017-11-09−10,757,254→ 0 totalExercise: $0.50Exp: 2017-11-09→ Common Stock (10,757,254 underlying) - Purchase
Warrant to Purchase Common Stock
2017-11-09+1,344,657→ 1,344,656 totalExercise: $0.50From: 2017-11-09Exp: 2020-11-09→ Common Stock (1,344,657 underlying)
Footnotes (2)
- [F1]From 2011 to 2014, Mr. Hayes loaned a total of $2,673,200 to the issuer. On October 1, 2014, all prior notes including accrued interest were combined into a single $3,712,637 convertible note bearing interest at 12% annually and convertible into 4,125,154 shares of preferred stock at the rate of $0.90 per share. On November 9, 2017, the issuer converted the note and accrued interest of $1,665,991 into 10,757,254 shares of the issuer's common stock at a conversion rate of $0.50 per share. The issuer also issued a 5 year warrant to purchase an additional 5,378,627 shares of the issuer's common stock at a purchase price of $0.50 per share as further consideration for this conversion.
- [F2]On July 10, 2018, Mr. Hayes purchased a convertible note in the principal amount of $200,000 and warrants to purchase 800,000 shares of the issuer's common stock for an aggregate amount of $200,000. The note is convertible into the issuer's Series B Preferred Stock.
Documents
Issuer
BlackRidge Technology International, Inc.
CIK 0001456212
Entity typeother
Related Parties
1- filerCIK 0001700177
Filing Metadata
- Form type
- 4
- Filed
- Sep 11, 8:00 PM ET
- Accepted
- Sep 12, 6:08 PM ET
- Size
- 18.6 KB