SEC Form 4 · accession 0001213900-18-005153
Spectrum Global Solutions, Inc. · SGSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger Marcus Ponder
Officer — CEO · Director
Period of report
Dec 28, 2017
Accepted (ET)
Apr 30, 2018 · 1:53 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001413891
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 28, 2017 | A | 46,374,245 | $0.011 | A | 108,500,000 | D | |
| Common StockF2 | Apr 23, 2018 | D | 108,500,000 | — | D | 0 | D | |
| Series B Preferred StockF2 | Apr 23, 2018 | A | 500 | — | A | 500 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Spectrum Global Solutions, Inc. ("the Company") issued 46,374,245 shares of common stock with a fair value of $510,117 to the reporting person in exchange for services to the Company.
- F2The reporting person disposed of 108,500,000 shares of common stock in exchange for 500 shares of Series B Preferred Stock pursuant to an Exchange Agreement dated April 23, 2018.