Starr Alexander 4
4 · Chess Supersite Corp · Filed Mar 12, 2018
Insider Transaction Report
Form 4
Starr Alexander
DirectorPresident10% Owner
Transactions
- Award
Common Stock
2018-03-07$0.02/sh+1,764,706$30,000→ 8,238,706 total - Award
Preferredd Stock
2016-12-06+500,000→ 500,000 totalFrom: 2017-02-04→ Common stock (500,000 underlying)
Footnotes (4)
- [F1]The shares were issued pursuant to Reporting Person's employment agreement in lieu of cash compensation.
- [F2]One (1) share of common stock is issuable for each one (1) share of preferred upon conversion.
- [F3]There is no expiration date for the exercise of the conversion rights of the preferred stock.
- [F4]The preferred shares were issued in consideration of $13,250 of deferred and unpaid compensation owed by the Issuer to the Reporting Person.