SEC Form 4 · accession 0001117768-15-000705
Troika Media Group, Inc. · MTWO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert P Depalo
10% Owner
Period of report
Sep 16, 2015
Accepted (ET)
Sep 16, 2015 · 4:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001021096
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1 | Sep 16, 2015 | S$0 | 1,944,444 | $0.00 | D | 41,081,685 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This includes 925,559 shares held by Arjent Limited UK, a United Kingdom broker-dealer of which Mr. DePalo was Chairman of the Board. Mr. DePalo disclaims all benefically owned 925,559 shares of securities held by Arjent Limited UK. However, Mr. DePalo is a shareholder of Arjent Limted UK, and the $3,500,000 or 1,944,444 shares is contingently being transferred to Arjent Limited UK by Robert DePalo to fund its operations. Mr. DePalo has no legal obligation to fund Arjent Limited UK, but has continued to personally fund Arjent Limited UK with his personal assets from 2005 through date.