SEC Form 4 · accession 0001209191-18-005428
Cuentas Inc. · CUEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Harrison Vargas
10% Owner
Period of report
Jan 2, 2018
Accepted (ET)
Jan 25, 2018 · 5:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001424657
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 2, 2018 | P | 352,000 | $0.0582 | A | 26,889,747 | D | |
| Common Stock | Jan 4, 2018 | P | 153,506 | $0.051 | A | 27,043,253 | D | |
| Common Stock | Jan 5, 2018 | P | 215,000 | $0.053 | A | 27,258,253 | D | |
| Common StockF2 | Jan 8, 2018 | S | 60,000 | $0.039 | D | 27,198,253 | D | |
| Common Stock | Jan 8, 2018 | P | 195,000 | $0.04 | A | 27,393,253 | D | |
| Common StockF3 | holding | — | — | — | 3,900,000 | I | * |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. The shares were purchased on the open market at prices ranging from $0.053 to $0.0583 per share. The reporting person undertakes to provide Next Group Holdings, Inc., any security holder of Next Group Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in Footnote (1).
- F2The price reported in Column 4 is a weighted average price. The shares were sold on the open market at prices ranging from $0.038 to $0.039 per share. The reporting person undertakes to provide Next Group Holdings, Inc., any security holder of Next Group Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in Footnote (2).
- F3Mr. Vargas owns 3,900,000 shares of the common stock of Next Group Holdings, Inc. indirectly through Varsatel Corporation and Comtel Direct, LLC. Mr. Vargas is the sole stockholder, sole director, and chief executive officer of Varsatel Corporation. Mr. Vargas is the sole member of CHT Holdings, LLC, which is the managing member of Comtel Direct, LLC.