SEC Form 4 · accession 0001493152-18-009109
Her Imports · HHER
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Johnathan William Terry
10% Owner
Period of report
Jun 20, 2018
Accepted (ET)
Jun 22, 2018 · 4:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001402453
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 20, 2018 | J | 4,500,000 | $0.00 | A | 5,750,000 | I | By Cabello Real Ltd. |
| Common StockF1 | Jun 20, 2018 | G | 1,000,000 | $0.00 | D | 4,750,000 | I | By Cabello Real Ltd. |
| Common StockF1 | holding | — | — | — | 1,272,695 | I | By Cabello Real FZE |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F2,F4 | $0.05 | Jun 20, 2018 | J | 9,000,000 | D | Jul 31, 2017 | — | Common Stock | 9,000,000 | 0 | I |
Explanation of responses
- F1The amount of securities beneficially owned has been adjusted for the one-for-6 reverse stock split effective April 9, 2018.
- F2On June 20, 2018, the Issuer terminated the Media Investor Purchaser Agreement dated June 29, 2014, pursuant to which Cabello Real Ltd. ("Cabello") had an option to purchase 9,000,000 shares of the Issuer's common stock. In consideration for entering into the termination agreement, the Issuer issued Cabello 4,500,000 shares of its common stock.
- F3This transaction involved a gift of securities by the reporting person to Malaika Terry, the reporting person's daughter, who does not share his household.
- F4The stock options had no expiration date.