LORSCH ROBERT H 4/A
4/A · MMRGlobal, Inc. · Filed Apr 23, 2012
Insider Transaction Report
Form 4/AAmended
MMRGlobal, Inc.MMRF
LORSCH ROBERT H
DirectorChairman, CEO & President10% Owner
Transactions
- Award
Common Stock
2012-04-06$0.03/sh+470,000$14,993→ 41,523,646 total(indirect: See Note 3) - Award
COMMON STOCK WARRANT
2012-04-06$0.03/sh+470,000$14,993→ 26,805,628 total(indirect: See Note 4)Exercise: $0.03From: 2012-04-06Exp: 2022-04-06→ Common Stock (470,000 underlying) - Award
Stock Option (Right to Buy)
2012-04-06$0.06/sh+1,250,000$75,000→ 28,055,628 total(indirect: See Note 5)Exercise: $0.06From: 2013-04-06Exp: 2022-04-06→ Common Stock (1,250,000 underlying)
Footnotes (5)
- [F1]Shares and warrants issued in exchange for a Personal Guarantee provided to Granite State Capital LLC on behalf of the Company in regards to an interim bridge credit line to replace company's existing equity line with Dutchess.
- [F2]Option granted in accordance with employment agreement and in consideration for services and performance during 2011 and the first quarter of 2012 and vest annually over two years.
- [F3]Represents 6,068,754 shares of common stock directly owned by Robert Lorsch and 35,454,892 shares of common stock owned by The RHL Group, Inc., of which Mr. Lorsch is the CEO and holds 100% of such interest.
- [F4]Represents 12,930,000 Options/Warrants held directly by Robert Lorsch and 13,875,628 Warrants held by The RHL Group, Inc., of which Mr. Lorsch is the CEO and holds 100% of such interest.
- [F5]Represents 14,180,000 Options/Warrants held directly by Robert Lorsch and 13,875,628 Warrants held by The RHL Group, Inc., of which Mr. Lorsch is the CEO and holds 100% of such interest.