SEC Form 5 · accession 0001091818-16-000275
Bravo Multinational Inc. · BRVO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin Wolfe
Officer — CFO · Director
Period of report
Dec 31, 2015
Accepted (ET)
May 5, 2016 · 9:33 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001444839
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 11, 2015 | A | 2,296,213 | $0.0094 | A | 2,296,213 | D | |
| Common StockF2 | Oct 31, 2015 | A | 1,976,186 | $0.024 | A | 4,272,399 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible Preferred Series 'A'F3 | $0.10 | Mar 25, 2015 | A | 1,000,000 | A | Mar 25, 2015 | Mar 25, 2035 | Series 'A' Preferred | 1,000,000 | 1,250,000 | D |
| Convertible Preferred Series 'A'-Voting Rights OnlyF4 | $0.10 | Dec 31, 2015 | A | 250,000 | A | Dec 31, 2015 | Mar 25, 2035 | Series 'A' Preferred | 250,000 | 1,250,000 | I |
Explanation of responses
- F1Issued under Rule 144 restricted for executive pay and director fees(calendar yr. 2014)
- F2Issued under Rule 144 restricted for accumulative executive pay
- F3Each Series A Preferred has voting rights to 100 shares of common shares and conversion rights to 10 shares of common shares. If holder decides on complete liquidation of the Series A its liquidation value is $0.10. If holder converts to common, conversion is adjusted on 85% of the common stock price over a 20-day trailing, lowest closing bid price average. No holder can convert shares into an amount of shares of common in excess of 10% of the number common shares traded on issuers market on the date of conversion. Refer to Form 8-K/A- Exhibit 4.1 filed April 1, 2015.
- F4Filer has only the voting rights on 250,000 shares of series A Preferred; Assignor gave such rights to filer on December 31, 2015.
Remarks
See Footnotes