Erickson James R. 4
4 · Exactus, Inc. · Filed Mar 30, 2018
Insider Transaction Report
Form 4
Exactus, Inc.EXDI
Erickson James R.
Chief Business Officer
Transactions
- Award
Series D Preferred Stock (the "Series D")
2018-03-28+6→ 6 totalFrom: 2018-03-28→ Common Stock (1,200,000 underlying)
Footnotes (3)
- [F1]Each share of Series D automatically converts into 200,000 shares of the Company's common stock upon the consummation of the first offering of the Company's Common Stock, subsequent to the acquisition of the Series D, for which the gross proceeds of the offering exceed $5,000,000.
- [F2]The Series D has no expiration date.
- [F3]The securities were issued in connection with the repayment of debt, owed by the Company to the Reporting Person, in the amount of $75,000.