SEC Form 4 · accession 0001062993-16-007397
Nutrastar International Inc. · NUIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard E. Fearon Jr.
Director · 10% Owner
Period of report
Jan 29, 2016
Accepted (ET)
Feb 2, 2016 · 4:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001273385
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 | Jan 29, 2016 | A | 323,535 | $0.00 | A | 451,453 | D | |
| Common Stock, par value $0.001 per shareF2,F3 | Jan 29, 2016 | A | 4,205,953 | $0.00 | A | 6,237,326 | I | Held by Accretive Capital Partners, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Issued pursuant to a Note and Common Stock Purchase Agreement (the "Agreement") dated January 29, 2016, between the Issuer and the Reporting Person where the Issuer borrowed $50,000 from the Reporting Person. Under the terms of the Agreement, the Note bears interest at 1% per month, payable monthly, and in further consideration for the loan, a grant of 323,535 shares of restricted common stock were issued to the Reporting Person.
- F2Issued pursuant to a Note and Common Stock Purchase Agreement (the "Agreement") dated January 29, 2016, between the Issuer and the Reporting Person where the Issuer borrowed $650,000 from the Reporting Person. Under the terms of the Agreement, the Note bears interest at 1% per month, payable monthly, and in further consideration for the loan, a grant of 4,205,953 shares of restricted common stock were issued to the Reporting Person.
- F3The Reporting Person is the managing partner of Accretive Capital Management, LLC, which is the manager of Accretive Capital Partners, LLC, and has sole voting and investment power over the securities held by Accretive Capital Partners, LLC.