McLeod William Donald 4
4 · Nestbuilder.com Corp. · Filed Oct 9, 2020
Insider Transaction Report
Form 4
McLeod William Donald
Director
Transactions
- Disposition to Issuer
Series A Convertible Preferred Stock
2020-10-09−280,000→ 0 total→ Common Stock (280,000 underlying)
Footnotes (2)
- [F1]Each share of Series A Convertible Preferred Stock is convertible, at the option of the holder thereof, at any time after the issuance of such share, into one share of Common Stock. In addition, each share of Series A Convertible Preferred Stock will automatically convert into one share of Common Stock upon completion of certain corporation transactions, including a reorganization, consolidation, merger, sale of substantially all of the Company's assets, or the disposition of more than 50% of the Company's voting power.
- [F2]The Reporting Person's shares of Series A Convertible Preferred Stock were sold at $0.1875 per share.