Seeb Ean 4
4 · MassRoots, Inc. · Filed Jan 2, 2018
Insider Transaction Report
Form 4
MassRoots, Inc.MSRT
Seeb Ean
Director
Transactions
- Other
Common Stock, par value $0.001
2017-12-12−500,000→ 363,788 total(indirect: By LLC) - Award
Warrant
2017-12-12+1,500,000→ 1,500,000 total(indirect: By LLC)Exercise: $0.20From: 2017-12-12Exp: 2022-12-12→ Common Stock, par value $0.001 (1,500,000 underlying)
Holdings
- 30,000(indirect: By LLC)
Common Stock, par value $0.001
Footnotes (3)
- [F1]In connection with Mr. Seeb's resignation as a member of the Company's Board of Directors, he forfeited 500,000 shares of the Company's Common Stock, issued to Denver Relief Consulting LLC ("DRC") on July 26, 2017 (as reported on Mr. Seeb's Form 4 filed July 28, 2017). In return, the Company has issued a Warrant to DRC, on behalf of Mr. Seeb, for the purchase of up to 1,500,000 shares of the Company's Common Stock at $0.20 per share.
- [F2]Mr. Seeb's wholly owned company, Sababa Corporation, owns 1/3 of DRC's equity.
- [F3]Mr. Seeb owns 1/3 of E-3 Events, LLC's equity.