BEAMZ INTERACTIVE INC 4
4 · BEAMZ INTERACTIVE INC · Filed Jul 17, 2014
Insider Transaction Report
Form 4
MOLLO CHARLES R
DirectorChief Executive Officer10% Owner
Transactions
- Purchase
Common Stock
2014-07-15$0.05/sh+3,700,000$185,000→ 9,983,175 total(indirect: See Footnotes 1 and 3) - Other
Warrant
2014-07-15+3,700,000→ 3,700,000 total(indirect: See Footnotes 1, 3, and 4)Exercise: $0.05From: 2014-07-15Exp: 2017-07-15→ Common Stock (3,700,000 underlying) - Other
Warrant
2014-07-15+3,800,000→ 3,800,000 total(indirect: See Footnotes 2 and 5)Exercise: $0.05From: 2014-07-15Exp: 2017-07-15→ Common Stock (3,800,000 underlying) - Purchase
Common Stock
2014-07-15$0.05/sh+3,800,000$190,000→ 5,280,119 total(indirect: See Footnote 2)
Footnotes (5)
- [F1]Mr. Mollo indirectly beneficially owns 100% of the ownership interests of TM-07 Investments, LLC ("TM-07"). TM-07 acquired these shares of common stock of the Issuer ("Common Stock") in a transaction which closed on July 15, 2014 pursuant to a Securities Purchase Agreement by and between TM-07 and the Issuer (the "TM-07 SPA").
- [F2]Mr. Mollo serves as trustee of CRM-008 Trust ("CRM-008"). CRM-008 acquired shares of Common Stock in a transaction which closed on July 15, 2014 pursuant to a Securities Purchase Agreement by and between CRM-008 and the Issuer (the "CRM SPA").
- [F3]TM-07, which is also reporting its ownership on this Form 4, does not beneficially own the non-derivative and derivative securities owned by CRM-008 and, as such, beneficially owns only 9,983,175 shares of Common Stock and the number of derivative securities it is reported as owning on this Form 4 and any previously filed Section 16 forms.
- [F4]TM-07 acquired these derivative securities pursuant to the terms of the TM-07 SPA.
- [F5]CRM-008 acquired this derivative securities pursuant to the terms of the CRM SPA.