Kasturi Seenu G. 4
4 · ARC Group, Inc. · Filed Jun 18, 2018
Insider Transaction Report
Form 4
ARC Group, Inc.ARCK
Kasturi Seenu G.
DirectorPresident and CFO10% Owner
Transactions
- Purchase
Common Stock, $.01 par value
2018-06-07$1.70/sh+100$170→ 3,447,656 total - Purchase
Common Stock, $.01 par value
2018-06-13+3,900→ 3,455,556 total - Purchase
Series A Convertible Preferred Stock, $0.01 par value
2018-06-15+449,581→ 449,581 total - Purchase
Common Stock, $.01 par value
2018-06-12$1.90/sh+4,000$7,600→ 3,451,656 total - Sale
Common Stock, $.01 par value
2018-06-15−449,581→ 3,005,975 total
Holdings
- 911(indirect: By Blue Victory Holdings, Inc.)
Common Stock, $.01 par value
Footnotes (2)
- [F1]This price is a weighted average price. The shares were purchased in multiple transactions on the open market at prices ranging from $1.99 to $2.22. The reporting person undertakes to provide the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (1).
- [F2]The reporting person purchased 449,581 shares of Series A Convertible Preferred Stock from the issuer in exchange for the return of 449,581 shares of Common Stock. The closing price of the shares of Common Stock on the OTCQB marketplace maintained by the OTC Markets Group, Inc. on June 15, 2018 was $2.01.