4/A//SEC Filing
Beyman Ezra 4/A
Accession 0001493152-24-025510
CIK 0001812727other
Filed
Jun 27, 8:00 PM ET
Accepted
Jun 28, 6:06 AM ET
Size
31.9 KB
Accession
0001493152-24-025510
Insider Transaction Report
Form 4/AAmended
Beyman Ezra
DirectorChairman and CEO
Transactions
- Purchase
Common Stock
2024-05-30$0.27/sh+186,000$50,220→ 303,886 total - Award
Common Stock
2023-12-27+168,000→ 206,268 total - Gift
Common Stock
2023-12-14−3,000→ 263,021 total(indirect: By LLC) - Gift
Common Stock
2023-12-11−15,000→ 326,021 total(indirect: By LLC) - Tax Payment
Common Stock
2023-12-27$0.46/sh−88,382$40,656→ 117,886 total - Gift
Common Stock
2022-09-16−3,667→ 289,390 total(indirect: By LLC) - Gift
Common Stock
2023-06-28−15,000→ 341,021 total(indirect: By LLC) - Other
Common Stock
2023-04-23+289,277→ 356,021 total(indirect: By LLC) - Other
Common Stock
2023-04-23−289,277→ 113 total(indirect: By LLC) - Other
Common Stock
2023-02-13$0.64/sh+66,743$43,003→ 66,743 total(indirect: By LLC) - Gift
Common Stock
2023-12-11−15,000→ 311,021 total(indirect: By LLC) - Gift
Common Stock
2023-12-14−39,000→ 266,021 total(indirect: By LLC) - Conversion
Common Stock
2023-02-13+66,743→ 0 total(indirect: By LLC)Exercise: $0.64From: 2023-02-07→ Common Stock (66,743 underlying) - Gift
Common Stock
2023-12-11−6,000→ 305,021 total(indirect: By LLC) - Other
Common Stock
2023-02-07+190,917→ 190,917 total(indirect: By LLC)Exercise: $0.64From: 2023-02-07→ Common Stock (190,917 underlying)
Footnotes (12)
- [F1]Represents the grant of shares of common stock approved by the compensation committee, comprised solely of independent directors, of the issuer's board of directors and issued in accordance with Rule 16b-3 promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act").
- [F10]The Note can be converted so long as any amount thereunder is outstanding.
- [F11]On February 13, 2024, YES Americana effectuated a partial conversion of the Note into an aggregate of 66,743 shares of the issuer's common stock.
- [F12]Immediately following the partial conversion of the Note on February 13, 2024, YES Americana had the right to acquire 124,174 shares of the issuer's common stock upon conversion of the remaining amounts due under the Note. Subsequently, the issuer paid the remaining amounts due under the Note, such that no shares were issuable under the Note.
- [F2]All share amounts and conversion prices reported on this Form 4 have been adjusted to give effect to the February 23, 2023 1-for-15 reverse stock split of the issuer's common stock.
- [F3]Represents the payment of tax liability by delivering securities incident to the receipt of the December 27, 2023 grant of 168,000 shares of common stock reported on this Form 4, which was issued in accordance with Rule 16b-3. This transaction is exempt from Section 16(b) of the Exchange Act.
- [F4]Bona fide gift.
- [F5]Reliance Global Holdings, LLC ("Holdings") is an entity controlled by Ezra Beyman and his spouse.
- [F6]Represents the transfer of shares of common stock from Holdings to YES Americana Group, LLC ("YES Americana").
- [F7]Represents the acquisition of shares of the issuer's common stock upon partial conversion of the Note (as hereinafter defined).
- [F8]YES Americana is an entity controlled by Mr. Beyman's spouse.
- [F9]Represents the acquisition by YES Americana of the right to acquire shares of the issuer's common stock upon conversion of a promissory note, as amended, issued by the issuer in favor of YES Americana (the "Note").
Documents
Issuer
Reliance Global Group, Inc.
CIK 0001812727
Entity typeother
Related Parties
1- filerCIK 0001886817
Filing Metadata
- Form type
- 4/A
- Filed
- Jun 27, 8:00 PM ET
- Accepted
- Jun 28, 6:06 AM ET
- Size
- 31.9 KB