Ournett Holdings, Inc. 3
3 · Ournett Holdings, Inc. · Filed Nov 17, 2015
Insider Transaction Report
Form 3
Riera Santiago Pijuan
10% Owner
Holdings
- 4,500,000
Common Stock
Convertible Promissory Note, dated January 28, 2015
→ Common StockConvertible Promissory Note, dated May 15, 2015
→ Common Stock
Footnotes (2)
- [F1]Santiago Pijuan Riera, may convert, at his election, the principal of the Note into 131,653.20 shares of Common Stock plus such number of shares of Common Stock in respect of accrued but unpaid interest at the rate of 1% per annum, at a conversion price of $0.025 per share of Common Stock, upon the earlier of (i) 6 months from the issuance date of such Note or (ii) the date on which the Issuer receives a ticker symbol from FINRA, which has not yet been issued. The conversion rights expire on the Maturity Date on February 28, 2016.
- [F2]Santiago Pijuan Riera, may convert, at his election, the principal of the Note into 67,780 shares of Common Stock plus such number of shares of Common Stock in respect of accrued but unpaid interest at the rate of 1% per annum, at a conversion price of $0.025 per share of Common Stock, upon the earlier of (i) 6 months from the issuance date of such Note or (ii) the date on which the Issuer receives a ticker symbol from FINRA, which has not yet been issued. The conversion rights expire on the Maturity Date on May 14, 2025.