Starr Sasha 4
4 · Target Group Inc. · Filed Apr 5, 2019
Insider Transaction Report
Form 4
Starr Alexander
DirectorPresident10% Owner
Transactions
- Award
Common Stock
2019-04-03$0.02/sh+8,234,850$164,697→ 17,473,556 total - Disposition to Issuer
Preferred Stock
2019-02-22−500,000→ 0 totalFrom: 2017-02-04→ Common stock (0 underlying) - Award
Prefeered stock
2016-12-16+500,000→ 500,000 totalFrom: 2017-02-04→ Common stock (500,000 underlying)
Footnotes (5)
- [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.
- [F5]The preferred shares were sold by the Reporting Person in a private transaction to a single purchaser in consideration of a cash payment of CND $250,000.00 (US$190,000.00 ).