SEC Form 4 · accession 0001580695-17-000159
Monaker Group, Inc. · MKGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Donald P Monaco
Director · 10% Owner
Period of report
Feb 28, 2017
Accepted (ET)
Mar 9, 2017 · 11:59 am 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 StockF2,F4 | Feb 28, 2017 | J | 100,000 | $2.00 | A | 805,754 | I | See foonote |
| Common StockF3,F4 | holding | — | — | — | 906,292 | 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,F4 | $2.00 | Feb 28, 2017 | J | 100,000 | A | Feb 28, 2017 | Feb 28, 2020 | Common Stock | 100,000 | 100,000 | I |
Explanation of responses
- F1On February 28, 2017, Monaco Investment Partners II, LP ("MI Partners"), purchased 100,000 units, each consisting of one share of common stock and one warrant to purchase one share of common stock, with an exercise price of $2.00 per share, from the Registrant in a private transaction, for an aggregate of $200,000.
- F2The securities are beneficially owned by MI Partners. Mr. Monaco is the managing general partner of MI Partners. As such, Mr. Monaco is deemed to beneficially own the securities held by the MI Partners.
- F3The securities are beneficially owned by Donald P. Monaco Insurance Trust ("Trust"). Donald P. Monaco, is the trustee of the Trust. As such, Mr. Monaco is deemed to beneficially own the securities held by the Trust.
- F4Mr. Monaco 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.