RMR Industrials, Inc. 4
4 · RMR Industrials, Inc. · Filed Apr 14, 2016
Insider Transaction Report
Form 4
Brownstein Chad T.
DirectorChief Executive Officer10% Owner
Transactions
- Other
Class B Common Stock
2016-04-12+10,000→ 90,000 total(indirect: By LLC)
Holdings
- 10,791,701(indirect: By LLC)
Class A Common Stock
→ Class B Common Stock (539,586 underlying)
Footnotes (5)
- [F1]The shares were issued to 77727111, LLC ("77727111") in full satisfaction of a $100,000.00 loan previously made by 77727111 to the Issuer, pursuant to a Loan Settlement Agreement and Release, by and between the Issuer and 77727111.
- [F2]The shares are held directly by 77727111, a ten percent owner of the Issuer, and indirectly by Brownstein. Brownstein holds 100% of the membership interests of 77727111 and is the manager thereof.
- [F3]The Class A Common Stock is convertible into one post-split share of Class B Common Stock for each share of Class A Common Stock so converted.
- [F4]The Class A Common Stock is convertible at any time, at the holder's election, and has no expiration date.
- [F5]Reflects the 1-for-20 reverse stock split effected on September 4, 2015.