BEAR BULL MARKET DIVIDENDS, INC. 4
4 · SHARING SERVICES GLOBAL Corp · Filed Aug 20, 2020
Insider Transaction Report
Form 4
BEAR BULL MARKET DIVIDENDS, INC.
10% Owner
Transactions
- Disposition to Issuer
CLASS A COMMON STOCK
2020-08-18−20,000,000→ 5,000,000 total - Disposition to Issuer
CLASS B COMMON STOCK
2020-08-18−2,500,000→ 0 total→ CLASS A COMMON STOCK (2,500,000 underlying) - Disposition to Issuer
CLASS B PREFERRED STOCK
2020-08-18−2,500,000→ 0 total→ CLASS A COMMON STOCK (2,500,000 underlying) - Award
CLASS A COMMON STOCK
2020-08-18+25,000,000→ 25,000,000 total - Disposition to Issuer
SERIES A PREFERRED STOCK
2020-08-18−20,000,000→ 0 total→ CLASS A COMMON STOCK (20,000,000 underlying)
Footnotes (2)
- [F1](1) The transactions reported in this Form 4 are the result of that certain Settlement Accommodation Agreement be and among Sharing Services Global Corporation, a Nevada corporation, Bear Bull Market Dividends, Inc., a Nevada corporation and Kenyatto Montez Jones, and MLM Mafia, Inc., a Nevada corporation, dated July 22, 2020 (the "Agreement"). Pursuant to the Agreement, which was the subject of a Current Report on Form 8-K filed with the SEC by Sharing Services Global Corporation on July 30, 2020, the Reporting Person, Bear Bull Market Dividends, Inc. (i) converted 2,500,000 shares of Class B common stock into 2,500,000 shares of Class A Common Stock, (ii) converted 20,000,000 shares of Series A Preferred stock into 20,000,000 shares of Class A Common stock, (iii) converted 2,500,000 shares of Series B Preferred stock into 2,500,000 shares of Class A Common stock, and (iv) sold 20,000,000 shares of Class A Common stock to MLM Mafia, Inc. at a price of $0.0525 per share.
- [F2](2) As a result of the foregoing transactions which were completed on August 18, 2020, the Reporting Person now owns 5,000,000 shares of Class A Common stock or approximately 2.69% of all issued and outstanding shares of Class A Common stock.