Real Estate Contacts, Inc. 4
4 · Real Estate Contacts, Inc. · Filed Sep 14, 2016
Insider Transaction Report
Form 4
DeAngelis Robert
DirectorPRES/SEC/TREAS10% Owner
Transactions
- Other
Series A Preferred Stock
2016-08-29$3.25/sh+50,923$165,500→ 50,935 total - Disposition to Issuer
Common Stock
2016-08-29$0.03/sh−60,000$1,800→ 5,003 total - Other
Series A Preferred Stock
2016-08-29$1800.00/sh+12$21,600→ 12 total
Footnotes (3)
- [F1]Reporting Person surrendered 60,000 shares (valued at $1,800 based on the market price of $0.03 per share) of his Issuer common stock in exchange for 12 shares of Series A Preferred Stock.
- [F2]Reflects a 10,000 to 1 reverse stock split that was effective July 15, 2016.
- [F3]Reporting Person cancelled $165,500 of the debt the Issuer owed to him in exchange for the issuance of 50,923 shares of Series A Preferred Stock ($3.25 per preferred share).