MeetMe, Inc. 4
4 · MeetMe, Inc. · Filed Apr 27, 2015
Insider Transaction Report
Form 4
MeetMe, Inc.MEET
Ancira Alonso
Director10% Owner
Transactions
- Purchase
Common Stock
2015-04-23$1450000.00/sh+336,927$488,544,150,000→ 4,422,935 total(indirect: See Footnote)
Footnotes (2)
- [F1]This acquisition of securities relates to Mexicans & Americans Trading Together, Inc.'s ("MATT Inc.") acquisition of 336,927 shares of common stock (the "Shares") of MeetMe, Inc. from Mexicans & Americans Thinking Together-Foundation, Inc. ("Foundation") pursuant to a Debt Settlement Agreement and Mutual Release ("Settlement Agreement"), dated as of April 23, 2015. Pursuant to the Settlement Agreement, Foundation transferred the Shares to MATT Inc. in satisfaction of a $1,450,000 debt.
- [F2]MATT Inc., which directly owns the securities of the Issuer reported herein, is a wholly owned subsidiary of Altos Hornos de Mexico, S.A.B. de C.V. ("AHMSA"). AHMSA may be deemed to beneficially own such securities by virtue of its ownership of MATT Inc. Grupo Acerero del Norte, S.A. de C.V. ("GAN"), of which Alonso Ancira is a shareholder, is the majority shareholder of AHMSA. By virtue of his ownership position in GAN, Mr. Ancira may be deemed to beneficially own such securities. Mr. Ancira hereby disclaims any beneficial ownership of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Act"), except to the extent of his pecuniary interest therein as determined in accordance with the Act and the rules adopted thereunder.