Stevia Corp 4
4 · Stevia Corp · Filed Feb 28, 2014
Insider Transaction Report
Form 4
Stevia CorpSTEV
Blankenbaker Jr. George S.
DirectorPresident, Secretary, and Tr.10% Owner
Transactions
- Other
Common Stock
2014-02-26+16,744,682→ 16,744,682 total(indirect: By Blankenbaker Ventures (Asia) Pte. Ltd.) - Other
Common Stock
2014-02-26+20,000,000→ 36,744,682 total(indirect: By Blankenbaker Ventures (Asia) Pte. Ltd.) - Other
Common Stock
2014-02-26+3,000,000→ 3,500,000 total(indirect: By Growers Synergy Pte. Ltd.)
Holdings
- 12,000,000
Common Stock
Footnotes (5)
- [F1]Shares were issued to Blankenbaker Ventures (Asia) Pte. Ltd. (BV Asia) pursuant to a Debt Conversion Agreement by and between the Issuer and the Reporting Person.
- [F2]Shares are held by BV Asia, of which the Reporting Person owns a 65% controlling interest.
- [F3]Shares were issued as consideration for services rendered by the Reporting Person to the Company pursuant to a restricted stock award agreement by and between the Issuer and the Reporting Person. The Reporting Person directed the shares to be issued to BV Asia, an entity in which the Reporting Person has a 65% controlling interest. The shares vest according to the following vesting schedule: 4,000,000 shares vested on February 26, 2014; thereafter 4,000,000 shares shall vest each February 26th.
- [F4]Shares were issued to Growers Synergy Pte Ltd. ("Growers Synergy") as consideration for services rendered by Growers Synergy to the Company.
- [F5]Shares are held by Growers Synergy, of which the Reporting Person is the Managing Director. Growers Fresh Pte. Ltd. ("Growers Fresh") owns a 51% interest in Growers Synergy and the Reporting Person controls a 49% interest in Growers Fresh. The Reporting Person may be deemed to be the indirect beneficial owner of such shares under Rule 16a-1(a)(2) promulgated under the Exchange Act. However, pursuant to Rule 16a-1(a)(4) promulgated under the Exchange Act, the Reporting Person disclaims that he is a beneficial owner of such shares, except to the extent of his pecuniary interest herein.