REALBIZ MEDIA GROUP, INC 4
4 · REALBIZ MEDIA GROUP, INC · Filed Dec 16, 2015
Insider Transaction Report
Form 4
ALIKSANYAN ALEX
DirectorCIO, COO &CEO (since 8/10/15)
Transactions
- Exercise/Conversion
Common Stock
2015-12-01+1,000,000→ 4,550,000 total - Exercise/Conversion
Monaker Group, Inc. Series D Preferred
2015-12-01$5.00/sh−30,000$150,000→ 0 totalExercise: $0.15From: 2015-02-20→ Common Stock (1,000,000 underlying)
Footnotes (3)
- [F1]The Reporting Person converted 30,000 shares of Monaker Group, Inc. Series D Preferred Stock into 1 million shares of the Issuer's common stock. Each share of Monaker Group, Inc. Series D Preferred Stock is convertible into that number of shares of RealBiz Media Group Inc. common stock equal to the Stated Value ($5.00) divided by the conversion price ($0.15). The Reporting Person holds 30,000 shares of Monaker Group, Inc. Series D Preferred Stock
- [F2]The Reporting Person received 800,000 shares of common stock under an employment agreement, which shares will be released on a quarterly basis with 200,000 shares being released to the Reporting Person on each of May 31, 2015, August 31, 2015, November 30, 2015 and February 28, 2016.
- [F3]Not applicable