4//SEC Filing
Wu Zhanming 4
Accession 0001144204-18-055023
CIK 0000225211other
Filed
Oct 22, 8:00 PM ET
Accepted
Oct 23, 6:52 PM ET
Size
8.6 KB
Accession
0001144204-18-055023
Insider Transaction Report
Form 4
Wu Zhanming
10% Owner
Transactions
- Other
Common Stock
2018-10-15+354,409→ 15,354,409 total
Holdings
- 64,815
Class D Warrant (right to buy)
Exercise: $21.00From: 2014-12-22Exp: 2018-12-21→ Common Stock (64,815 underlying) - 64,815
Class C Warrant (right to buy)
Exercise: $18.00From: 2014-12-22Exp: 2018-12-21→ Common Stock (64,815 underlying)
Footnotes (2)
- [F1]On or about October 15, 2018, pursuant to the terms of a Settlement Agreement dated as of October 15, 2018, by and among the Reporting Person, the Issuer, Mark White, Martin Ward, Richard Vos, Nicholas Carpinello, and Robert Law (the "Settlement Agreement"), the Issuer issued 354,409 shares of the Issuer's common stock to the Reporting Person. The number of shares of common stock issued to the Reporting Person was determined by dividing $100,000 by the average of the closing prices of the Issuer's shares of Common Stock on The NASDAQ Stock Market during the five consecutive trading days preceding entry into the Settlement Agreement, which average was $0.28216.
- [F2]In the Settlement Agreement, the Issuer agreed to reimburse the Reporting Person $100,000 in the form of shares of common stock in lieu of cash, which amount reflects a portion of the legal expenses incurred by the Reporting Person in prosecuting two actions against the Issuer and its directors in the Delaware Court of Chancery, which were the subject of the Settlement Agreement.
Documents
Issuer
One Horizon Group, Inc.
CIK 0000225211
Entity typeother
Related Parties
1- filerCIK 0001714338
Filing Metadata
- Form type
- 4
- Filed
- Oct 22, 8:00 PM ET
- Accepted
- Oct 23, 6:52 PM ET
- Size
- 8.6 KB