Kasturi Seenu G. 4
4 · ARC Group, Inc. · Filed Nov 14, 2018
Insider Transaction Report
Form 4
ARC Group, Inc.ARCK
Kasturi Seenu G.
DirectorPresident and CFO10% Owner
Transactions
- Award
Common Stock, $0.01 par value
2018-10-01+7,414→ 1,112,187 total - Award
Secured Convertible Promissory Note
2018-08-30$622929.00/sh→ 458,037 totalExercise: $1.36From: 2018-08-30→ Common Stock, $0.01 par value (458,037 underlying)
Holdings
- 911(indirect: By Blue Victory Holdings, Inc.)
Common Stock, $0.01 par value
- 449,581
Series A Convertible Preferred Stock, $0.01 par value
Footnotes (2)
- [F1]The shares were granted to the Reporting Person pursuant to the terms of the Reporting Person's employment agreement with the Issuer.
- [F2]All principal and accrued but unpaid interest is due and payable by the Issuer in full on the earlier of (i) the fifth (5th) anniversary of the date of the note, or (ii) the date that the Reporting Person demands repayment in full by providing written notice thereof to the Issuer.