4//SEC Filing
ALIKSANYAN ALEX 4
Accession 0001634617-22-000002
CIK 0001725516other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 6:41 PM ET
Size
12.1 KB
Accession
0001634617-22-000002
Insider Transaction Report
Form 4
ALIKSANYAN ALEX
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2022-02-07$0.09/sh+275,000$24,750→ 368,322 total - Conversion
Senior Convertible Promissory Note
2022-02-07$6102.00/shExercise: $0.07From: 2021-12-31Exp: 2022-07-31→ Common Stock (93,322 underlying) - Conversion
Common Stock
2022-02-07$0.07/sh+93,322$6,533→ 368,322 total - Award
Common Stock Purchase Warrant
2022-02-07+2,525,000→ 2,525,000 totalExercise: $0.09→ Common Stock (2,525,000 underlying)
Footnotes (4)
- [F1]The grant of both the restricted Common Stock and the Common Stock Purchase Warrant was made in consideration of services to be rendered by the Reporting Person to the Issuer and other consideration set forth in a settlement agreement between the Reporting Person and the Issuer. The restricted Common Stock vests over eight equal quarterly installments, subject to acceleration as set forth in a Restricted Stock Award Agreement. The Common Stock Purchase Warrant vests and becomes exercisable as follows: 1/4 of the underlying shares vest one year from the issue date, and, thereafter, 1/12 of the remaining underlying shares vest on a monthly basis, subject to acceleration as set forth in the Common Stock Purchase Warrant.
- [F2]Includes 93,322 shares of Common Stock issued to the Reporting Person on February 7, 2022 pursuant to the conversion of a 10% senior convertible promissory note with total principal and accrued but unpaid interest of $6,532.48.
- [F3]Each share of Common Stock was issued to the Reporting Person upon conversion of a 10% senior convertible promissory note with total principal and accrued but unpaid interest of $6,532.48.
- [F4]The Common Stock Purchase Warrant is exercisable by the Reporting Person, to the extent vested, for a period of five years from the date of issuance, into shares of common stock of the Issuer, subject to a 9.99% beneficial ownership limitation, at an exercise price of $0.09 per share or by a cashless exercise according to the formula set forth in the Warrant.
Documents
Issuer
Nestbuilder.com Corp.
CIK 0001725516
Entity typeother
Related Parties
1- filerCIK 0001634617
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 6:41 PM ET
- Size
- 12.1 KB