Bannon Michael John 4
4 · Drone USA Inc. · Filed Dec 5, 2017
Insider Transaction Report
Form 4
Drone USA Inc.DRUS
Bannon Michael John
DirectorPresident and CEO10% Owner
Transactions
- Sale
Common Stock
2017-12-04−390,000→ 37,196,591 total
Footnotes (1)
- [F1]Michael Bannon has entered into a Rule 10b5-1 sales plan through Merrill Lynch under which he will sell each week at a limit price of $.15 up to 7,500 shares during the period December 4, 2017 to November 30, 2018. In the event that the limit price is 25% or more less than the market price at the approximate time the order is placed, Merrill Lynch shall submit the order as a market order.