M1 Advisors LLC 4
4 · RealSource Residential, Inc · Filed Sep 28, 2018
Insider Transaction Report
Form 4
M1 Advisors LLC
10% Owner
Transactions
- Sale
Series A Preferred Stock
2018-09-24−505,000→ 8,815,414 total→ Common Stock (505,000 underlying)
Footnotes (2)
- [F1]The Series A Preferred Stock is automatically convertible into shares of Common Stock on a one-for-one basis on the business day immediately following effectiveness of an amendment to the Issuer's articles of incorporation to increase the number of shares of Common Stock that the Issuer is authorized to issue to 100,000,000 shares.
- [F2]The shares of Series A Preferred Stock were transferred to an affiliate of M1 Advisors LLC in consideration for, and in settlement of, a loan in the principal amount of $270,000.