GLOBAL EQUITY INTERNATIONAL INC 4/A
4/A · GLOBAL EQUITY INTERNATIONAL INC · Filed Jun 27, 2017
Insider Transaction Report
Form 4/AAmended
TADDEI ENZO
DirectorChief Financial Officer10% Owner
Transactions
- Other
Common Stock
2017-05-02−35,324,145→ 0 total - Other
Series B Preferred Stock
2017-05-17+3,532,500→ 23,532,500 totalFrom: 2017-11-12→ Common Stock (235,325,000 underlying)
Footnotes (2)
- [F1]On May 2, 2017, Mr. Taddei exchanged 35,324,145 shares of Common Stock in the Issuer for 3,532,500 shares of the Issuer's Series B Preferred Stock held by Mr. Peter Smith, the Issuer's Chief Executive Officer. No cash or other consideration exchanged hands in this exchange transaction. Each share of Series B Preferred Stock has 10 votes on all matters brought before meetings of shareholders, votes alongside holders of Common Stock and not as a separate class. Beginning on 11/12/17, each share of Series B Preferred Stock is convertible into 10 shares of Common Stock.
- [F2]There is no conversion price applicable to the Series B Preferred Stock. There is no expiration date of the Series B Preferred Stock or of the right to convert into Common Stock.