SEC Form 4 · accession 0001580695-16-000386
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
Apr 27, 2016
Accepted (ET)
May 3, 2016 · 6:25 pm EDT
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 | Apr 27, 2016 | X | 200,000 | $1.50 | A | 1,272,046 | 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 | Apr 27, 2016 | X | 100,000 | D | Oct 1, 2015 | Sep 30, 2016 | Common Stock | 100,000 | 340,000 | I |
| Common Stock WarrantsF1,F2 | $1.50 | Apr 27, 2016 | X | 100,000 | D | Nov 3, 2016 | Nov 2, 2016 | Common Stock | 100,000 | 340,000 | I |
Explanation of responses
- F1The reported securities are included within 200,000 shares converted by Monaco Investment Partners II, LP ("MI Partners") whereby warrants previously granted by Monaker Group, Inc., were converted for $1.50 per share. The reporting person is the managing general partner of Monaco Investment Partners II, LP ("MI Partners"). The 1,272,046 shares are indirectly owned by the reporting person as follows: (i) 566,292 shares are beneficially owned by the Donald P. Monaco Insurance Trust (the "Trust"), and (ii) 705,754 shares are beneficially owned by MI Partners. The 340,000 derivative securities are owned by the Trust.
- F2The reporting person disclaims beneficial ownership of all shares held by the Trust and MI Partners 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.