SEC Form 4 · accession 0001144204-15-059239
Monaker Group, Inc. · MKGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Kerby
Officer — Chief Executive Officer · Director
Period of report
Oct 9, 2015
Accepted (ET)
Oct 13, 2015 · 5:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001372183
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series C Preferred StockF1,F2 | — | Oct 9, 2015 | A | 30,000 | A | — | — | Common Stock | 12,000 | 30,000 | D |
Explanation of responses
- F1The reporting person received 30,000 shares of Series C Preferred Stock that is convertible at any time, subject to adjustment, into 12,000 shares of common stock of Monaker Group, Inc. The conversion price for the Series C Preferred Stock is $12.50 per share, subject to adjustment. The holders of the Series C Preferred Stock may also elect to convert the Series C Preferred Stock into shares of Realbiz Media Group, Inc. common stock at a price of $.10 per share.
- F2Not applicable.