NAKED BRAND GROUP INC. 4
4 · NAKED BRAND GROUP INC. · Filed Jan 17, 2017
Insider Transaction Report
Form 4
KAPLAN ANDREW J
Director
Transactions
- Award
Common Stock
2017-01-12$1.04/sh+97,837$101,750→ 172,288 total - Award
Convertible Promissory Note
2017-01-12$100000.00/shExercise: $1.04From: 2017-01-12Exp: 2017-01-12→ Common Stock (97,837 underlying) - Exercise/Conversion
Convertible Promissory Note
2017-01-12Exercise: $1.04From: 2017-01-12Exp: 2017-01-12→ Common Stock (97,837 underlying)
Footnotes (1)
- [F1]On November 3, 2016, the reporting person purchased a 9% convertible promissory note for $100,000 (the "Note") that was convertible into shares of common stock . On January 12, 2017, in connection with the completion of the Qualified Financing (as defined in the Note), the outstanding balance of the Note, including principal and accrued interest of $100,000 and $1,750.68, respectively, automatically converted into 97,837 shares of common stock at a conversion price per share of $1.04.