Home/Filings/4/0001144204-12-049112
4//SEC Filing

ROSENKRANTZ LESTER 4

Accession 0001144204-12-049112

CIK 0001097792other

Filed

Aug 30, 8:00 PM ET

Accepted

Aug 31, 8:40 AM ET

Size

5.4 KB

Accession

0001144204-12-049112

Insider Transaction Report

Form 4
Period: 2012-08-30
Transactions
  • Sale

    Common Stock

    2012-08-30$0.40/sh45,000$18,000680,000 total
Footnotes (1)
  • [F1]In connection with the appointment of the Reporting Person as a Director of MediaNet Group Technologies, Inc. (the "Company"), on April 7, 2011, the Company issued two million shares of restricted common stock of the Company to the Reporting Person for $0.001 per share. The Reporting Person's interest in the shares of common stock vests as to 250,000 shares at the end of each of the eight calendar quarters immediately following April 7, 2011, beginning June 30, 2011. Until vested, shares may not be transferred by the Reporting Person and are subject to forfeiture upon the Reporting Person's cessation of services to the Company, other than on account of the Reporting Person's death or disability.

Issuer

MEDIANET GROUP TECHNOLOGIES INC

CIK 0001097792

Entity typeother

Related Parties

1
  • filerCIK 0001052910

Filing Metadata

Form type
4
Filed
Aug 30, 8:00 PM ET
Accepted
Aug 31, 8:40 AM ET
Size
5.4 KB