SEC Form 4 · accession 0001437749-15-022018
VERUS INTERNATIONAL, INC. · VRUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Michael Grbelja
Officer — CFO
Period of report
Nov 30, 2015
Accepted (ET)
Dec 10, 2015 · 5:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001430523
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 30, 2015 | A | 200,000 | $0.05 | A | 500,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant | $0.05 | Nov 30, 2015 | A | 200,000 | A | Nov 30, 2015 | Nov 30, 2016 | Common Stock | 200,000 | 200,000 | D |
Explanation of responses
- F1The Reporting Person received 300,000 shares of common stock under an employment agreement, which shares vest on a quarterly basis with 75,000 shares being released to the Reporting Person on each of September 23, 2015, December 23, 2015, March 23, 2016 and June 23, 2016.