SEC Form 4 · accession 0001683168-17-000411
Global Future City Holding Inc. · FTCY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael R Dunn
Officer — CFO,CEO,COO, Sec., Tres. Dir. · Director · 10% Owner
Period of report
Feb 16, 2017
Accepted (ET)
Feb 17, 2017 · 5:36 pm EST
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 | Feb 16, 2017 | J | 67,000 | $0.00 | A | 11,433,111 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On August 5, 2016, the Reporting Person entered into an agreement with a third party to purchase an interest in the third party's marketing Software Suite (the "Agreement"). Under the terms of the Agreement, the Reporting Person agreed to transfer a total of 650,000 shares (the "Shares") of the Registrant's common stock owned by the Reporting Person, 67,000 of the Shares due as of the date of the Form 4 filed on 8/10/16. The Reporting Person did not deliver any of the Shares and on February 16, 2017, the parties mutually agreed to terminate the Agreement, thus, the Shares remain beneficially owned by the Reporting Person and were never transferred.