SEC Form 4 · accession 0001580695-18-000228

Monaker Group, Inc. · MKGI

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

Reporting owner

Director

Period of report

Jan 10, 2018

Accepted (ET)

Apr 27, 2018 · 5:01 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
Common Stock^F1	Jan 10, 2018	J	48	—	A	52,504	D
Common Stock^F1	Jan 29, 2018	J	4	—	A	52,508	D
Common Stock^F1	Mar 1, 2018	J	14	—	A	52,522	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Common Stock Purchase Warrant^F2,F3	$5.09	Feb 22, 2018	J	1,460	A	Aug 11, 2017	Jul 30, 2022	Common Stock	1,460	3,460	D

F1Represents shares of common stock issued to the Reporting Person pursuant to the anti-dilution provisions of the Common Stock and Warrant Purchase Agreement entered into between the Issuer and the purchasers named therein dated July 31, 2017 (the "Purchase Agreement"), as a result of the Issuer issuing shares of common stock below the original $5.00 per share of the securities sold pursuant to the Purchase Agreement.
F2Represents warrants to purchase shares of common stock granted by the Issuer as partial liquidated damages for the delay, through February 22, 2018, in obtaining an uplisting of the Issuer's common stock to the NASDAQ Capital Market (which occurred on February 22, 2018), pursuant to the terms of the Purchase Agreement.
F3Pursuant to the anti-dilution provisions of the Purchase Agreement, the exercise price of all of the un-exercised warrants previously granted to the purchasers and the agent in the offering were automatically reduced to $5.09 per share.