4//SEC Filing
Sterling Erik 4
Accession 0001654954-18-000103
CIK 0001644903other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 1:57 PM ET
Size
7.8 KB
Accession
0001654954-18-000103
Insider Transaction Report
Form 4
Sterling Erik
Director10% Owner
Transactions
- Exercise/Conversion
Common stock
2018-01-01+40,000→ 1,072,667 total(indirect: See Footnote) - Exercise/Conversion
restricted stock grant
2018-01-01−40,000→ 0 totalExercise: $0.00From: 2018-01-01→ common stock (40,000 underlying)
Footnotes (3)
- [F1]Represents vesting of restricted stock grant.
- [F2]Includes (i) 166,667 shares of common stock held of record by the Sterling Winters Living Trust u/t/d/ December 10, 1993 (the "Trust"). Mr. Sterling is a trustee of the Trust and in such position has shared voting and dispositive control over securities held of record by the Trust; (ii) 583,000 shares of common stock held of record by IM1 Holdings, LLC ("IM1 Holdings"); and (iii) 283,000 shares held of record by record by EE1 Holdings LLC ("EE1 Holdings"). The Trust is the manager and a member of both IM1 Holdings and EE1 Holdings. Mr. Sterling, as a trustee of the Trust, has shared voting and dispositive control of the shares held of record by IM1 Holdings and EE1 Holdings. Mr. Sterling disclaims beneficial ownership of the securities held of record by the Trust, IM1 Holdings and EE1 Holdings except to the extent of his pecuniary interest therein. Additional information on these holdings are disclosed in a Schedule 13D filed by the Trust, Mr. Sterling as trustee of the Trust and Mr. Jason Winters as a trustee of the Trust with the SEC on November 16, 2017.
- [F3]No expiration date.
Documents
Issuer
Level Brands, Inc.
CIK 0001644903
Entity typeother
Related Parties
1- filerCIK 0001721647
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 1:57 PM ET
- Size
- 7.8 KB