Home/Filings/4/0001391609-17-000157
4//SEC Filing

JPX Global Inc. 4

Accession 0001391609-17-000157

CIK 0001506814operating

Filed

Jun 22, 8:00 PM ET

Accepted

Jun 23, 2:20 PM ET

Size

8.9 KB

Accession

0001391609-17-000157

Insider Transaction Report

Form 4
Period: 2017-06-20
Transactions
  • Award

    Common Stock

    2017-06-20$0.00/sh+37,625,000$94,06375,250,000 total
  • Award

    Series A Preferred

    2017-06-20+5001,000 total
  • Award

    Series B Preferred

    2017-06-20$0.00/sh+5,000,000$12,50010,000,000 total
Footnotes (3)
  • [F1]Represents 100% ownership of all the Series A preferred stock in connection with a Settlement Agreement dated June 20, 2017, wherein Mr. Hovendick was awarded ownership of the Series A preferred stock in lieu of payment of a debt. Each share of Series A preferred stock carries 100,000 votes and holders of our preferred stock are able to vote together with our common stockholders on all matters upon which common stockholders may vote.
  • [F2]Represents 100% ownership of all the Series B preferred stock in connection with a Settlement Agreement dated June 20, 2017, wherein Mr. Hovendick was awarded ownership of the Series B preferred stock in lieu of payment of a debt. Each share of Series B preferred stock of the Company is convertible into 10 shares of common stock and is entitled to vote ratably together with our common stockholders on all matters upon which common stockholders may vote.
  • [F3]Represents common stock issued to Mr. Hovendick in connection with a Settlement Agreement dated June 20, 2017, wherein Mr. Hovendick was awarded common stock in lieu of payment of a debt.

Issuer

JPX Global Inc.

CIK 0001506814

Entity typeoperating
IncorporatedNV

Related Parties

1
  • filerCIK 0001506814

Filing Metadata

Form type
4
Filed
Jun 22, 8:00 PM ET
Accepted
Jun 23, 2:20 PM ET
Size
8.9 KB