SEC Form 4 · accession 0001144204-16-077924
Monaker Group, Inc. · MKGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald P Monaco
Director · 10% Owner
Period of report
Jan 25, 2016
Accepted (ET)
Jan 29, 2016 · 5:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001372183
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 25, 2016 | P$0 | 240,000 | — | A | 1,072,046 | I | See footnote |
| Common Stock | holding | — | — | — | 20 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock WarrantsF1,F2 | $1.50 | Jan 25, 2016 | P | 240,000 | A | Jan 25, 2016 | Jan 21, 2017 | Common Stock | 240,000 | 240,000 | I |
Explanation of responses
- F1The reported securities are included within 240,000 Units issued and sold by Monaker Group, Inc. to the Donald P. Monaco Insurance Trust (the "Trust") for $2.50 per Unit. Each Unit consists of one share of common stock and one warrant to purchase one share of common stock. The reporting person is the trustee of the Trust. The 1,072,046 shares of common stock are indirectly owned by the reporting person as follows: (i) 566,292 shares are beneficially owned by the Trust, and (ii) 505,754 shares are beneficially owned by Monaco Investment Partners II, L.P. The reporting person is the managing general partner of Monaco Investment Partners II, L.P.
- F2The reporting person disclaims beneficial ownership of all shares held by the Trust and Monaco Investment Partners II, L.P in excess of his pecuniary interest, if any, and this report shall not be deemed an admission that he is the beneficial owner of, or has pecuniary interest in, any such excess shares for the purposes of Section 16 of the Exchange Act or for any other purpose.