Home/Filings/4/0001144204-17-053642
4//SEC Filing

Firer Oleg 4

Accession 0001144204-17-053642

CIK 0001499961other

Filed

Oct 22, 8:00 PM ET

Accepted

Oct 23, 5:39 PM ET

Size

5.6 KB

Accession

0001144204-17-053642

Insider Transaction Report

Form 4
Period: 2017-10-20
Firer Oleg
DirectorCEO
Transactions
  • Other

    Restricted Shares of Common Stock

    2017-10-20+67,312353,027 total(indirect: By LLC)
Footnotes (2)
  • [F1]Such shares were issued to Star Equities LLC pursuant to the conversion of that certain promissory note dated March 1, 2017 by Net Element, Inc. to Star Equities LLC of the entire outstanding amount of $374,253.13 (including the principal amount of $348,083.32 and accrued and unpaid interest), for a purchase price of $5.56 per share.
  • [F2]Oleg Firer is a managing member of Star Equities LLC. Mr. Firer disclaims beneficial ownership of the securities held by Star Equities, LLC except to the extent of his pecuniary interest in such securities.

Issuer

Net Element, Inc.

CIK 0001499961

Entity typeother

Related Parties

1
  • filerCIK 0001296618

Filing Metadata

Form type
4
Filed
Oct 22, 8:00 PM ET
Accepted
Oct 23, 5:39 PM ET
Size
5.6 KB