SEC Form 4 · accession 0001580695-18-000043

Monaker Group, Inc. · MKGI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Jan 12, 2018

Accepted (ET)

Jan 16, 2018 · 8:01 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 Stock^F2,F1	Jan 12, 2018	J	3,020	—	A	366,520	I	Through Charcoal Investment Ltd.
Common Stock^F1	Jan 15, 2018	X	100,000	$2.00	A	466,520	I	Through Charcoal Investment Ltd.
Common Stock	holding	—	—		—	40,000	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Common Stock Warrants^F1	$2.00	Jan 15, 2018	X	100,000	D	Jan 26, 2017	Jan 25, 2020	Common Stock	100,000	38,000	I
Common Stock Warrants^F1	$2.10	Jan 15, 2018	J	19,250	A	Aug 11, 2017	Jul 30, 2022	Common Stock	19,250	106,250	I

F1The Reporting Person owns 100% of Charcoal Investment Ltd. and is deemed to beneficially own the securities held by such entity.
F2Represents shares of common stock issued to the Charcoal Investment Ltd. pursuant to the anti-dilution provisions of the Common Stock and Warrant Purchase Agreement entered into between the Issuer and the purchasers named therein (including the Charcoal Investment Ltd.) dated July 31, 2017 (the "Purchase Agreement"), as a result of the Issuer issuing shares of common stock below the $2.00 price per share of the securities sold pursuant to the Purchase Agreement.
F3Represents warrants to purchase shares of common stock granted by the Issuer as partial liquidated damages for the delay in obtaining an uplisting of the Issuer's common stock to the NASDAQ Capital Market, pursuant to the terms of the Purchase Agreement.