Starr Alexander 4
4 · Chess Supersite Corp · Filed Feb 6, 2018
Insider Transaction Report
Form 4
Starr Alexander
DirectorPresident10% Owner
Transactions
- Award
Common Stock
2018-02-05$0.01/sh+1,000,000$12,300→ 7,474,000 total - Award
Preferredd Stock
2016-12-06+500,000→ 500,000 totalFrom: 2017-02-04→ Common stock (500,000 underlying)
Footnotes (3)
- [F1]The shares were issued pursuant to the Issuer's registration statement on Form S-8 effective May 12, 2017 in lieu of cash compensation for serving as an officer and director of the Issuer. 2,000 shares are held by Chess Supersite Inc. (Canada), of which the Reporting Person is an officer and a director.
- [F2]There is no expiration date for the exercise of the conversion rights of the preferred stock.
- [F3]The preferred shares were issued in consideration of $13,250 of deferred and unpaid compensation owed by the Issuer to the Reporting Person.