Legacy Tech Partners, LLC 4
4 · Legacy Education Alliance, Inc. · Filed May 12, 2021
Insider Transaction Report
Form 4
Legacy Tech Partners, LLC
10% Owner
Transactions
- Conversion
Common Stock
2021-05-04$0.05/sh+6,600,000$330,000→ 6,600,000 total - Conversion
Convertible Notes
2021-05-04$0.05/sh−6,600,000$330,000→ 2,500 totalExercise: $0.05From: 2021-03-08→ Common Stock (6,600,000 underlying)
Footnotes (1)
- [F1]Legacy Tech Partners, LLC is the owner of a Senior Secured Convertible Debenture (the "Debenture") issued by Legacy Education Alliance, Inc. (the "Issuer"). The Debenture is due on the earlier of the occurrence of certain liquidity events with respect to the Issuer and March 8, 2022. The Debenture is convertible into up to 19.99% of the outstanding shares of common stock of the Issuer. As of the date of this Form 4, the remaining principal amount of the Debenture is $45,000.