SEC Form 4 · accession 0001019687-15-003677
Global Future City Holding Inc. · FTCY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tomoe Masuya
10% Owner
Period of report
Oct 2, 2015
Accepted (ET)
Oct 8, 2015 · 5:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001164964
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 2, 2015 | J | 9,647,047 | — | A | 15,647,047 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On October 2, 2015, Global Future City Holding Inc. (the "Company") via its wholly-owned subsidiary Global Modern Enterprise Limited, a Hong Kong entity ("EGD Subsidiary") entered into a Share Exchange Agreement with GX-Life Global, Inc. ("GX-Life Global") whereby the Company spun-off 100% of its ownership interests in the EGD Subsidiary in exchange for 100% of the outstanding common stock of GX-Life Global. In a related transaction, on October 2, 2015, the former shareholders of GX-Life Global sold all of their interests in the EGD Subsidiary to existing Company shareholders in exchange for 21,280,000 shares of the Company's common stock. Ms. Masuya Tomoe, a former shareholder of GX-Life Global, acquired 9,647,047 shares of common stock under the transaction.