SEC Form 4 · accession 0001477932-15-007012
MULTIMEDIA PLATFORMS INC. · MMPW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C Lawrence Rutstein
Director
Period of report
Oct 9, 2015
Accepted (ET)
Nov 16, 2015 · 10:36 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001424328
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1 | Oct 9, 2015 | P$0 | 11,250 | — | A | 411,250 | I | C. Lawernce Rutstein and Ronna Newman Rutstein JTWROS |
| Common Stock, par value $0.001 per shareF1 | Oct 9, 2015 | P$0 | 3,750 | — | A | 415,000 | I | Rutstein Family LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF2 | $0.50 | Nov 13, 2015 | P | 500,000 | A | Nov 13, 2015 | Nov 13, 2019 | Common Stock, par value $0.001 per share | 500,000 | 3,066,666 | D |
Explanation of responses
- F111,250 and 3,750 shares of Common Stock, par value $0.001 per share were issued indirectly to Mr. Rutstein on October 9, 2015 as an interest payment pursuant to that certain 9% Convertible Promissory Note as referenced in Note 1 on Form 3 dated September 3, 2015.
- F2The Warrants were issued to Mr. Rutstein in connection with a financing by Mr. Rutstein in the amount of $250,000 and for which the Company issued a promissory note, dated November 6, 2015.