SEC Form 4 · accession 0001144204-15-005099
VERUS INTERNATIONAL, INC. · VRUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald P Monaco
Director
Period of report
Jan 30, 2012
Accepted (ET)
Jan 30, 2015 · 5:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001430523
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Next 1 Series A Preferred StockF1 | — | Jan 30, 2012 | P | 1,075,000 | A | — | — | Common Stock | 10,750,000 | 1,075,000 | I |
| Next 1 Convertible DebtF2 | — | Oct 28, 2014 | P | — | A | — | Oct 31, 2015 | Common Stock | 22,000,000 | — | I |
Explanation of responses
- F1Mr. Monaco is the indirect principal of (i) 575,000 shares of Next 1 Series A Preferred Stock owned directly by the Monaco Investment Partners II, LP and (ii) 500,000 shares of Next 1 Series A Preferred Stock owned directly by the Donald P Monaco Insurance Trust. Mr. Monaco is the indirect beneficial owner of these aggregate 1,075,000 shares of Next 1 Interactive, Inc. Series A Preferred Stock that are convertible into10,750,000 shares of common stock (the "Common Stock") of RealBiz Media Group, Inc. (the "Company"). Each share of Next 1 Series A Preferred Stock is convertible into Next 1 Series C Preferred stock at $5 per share, which is convertible into 50 shares of the Company's Common Stock.
- F2Mr. Monaco is the indirect principal of $675,000 Next 1 Convertible Debt directly owned by the Monaco Investment Partners II, LP and $425,000 Next 1 Convertible Debt directly owned by the Donald P Monaco Insurance Trust. Mr. Monaco is the indirect beneficial owner of the aggregate $1,100,000 of Next 1 Convertible Debt that is convertible into 22,000,000 shares of Common Stock. This Next 1 Convertible Debt is convertible into Series B Preferred stock at $5 per share, which is convertible into100 shares of Common Stock.