SEC Form 5 · accession 0001091818-17-000162
Bravo Multinational Inc. · BRVO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Parliament
Officer — CEO/President · Director · 10% Owner
Period of report
Dec 31, 2016
Accepted (ET)
Oct 17, 2017 · 11:43 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,F2 | Sep 3, 2016 | A | 1,470,588 | $0.017 | A | 39,213,461 | D | |
| Common StockF2 | Oct 3, 2016 | J | 34,725,323 | $0.0325 | D | 4,488,138 | D | |
| Common StockF2,F4,F5 | Oct 17, 2016 | S | 3,639,197 | $0.0159 | D | 848,941 | I | Parliament Corporation |
| Common StockF2 | Dec 14, 2016 | S | 390,000 | $0.006 | D | 458,941 | D | |
| Common StockF2 | Dec 19, 2016 | S | 458,941 | $0.005 | D | 0 | D | |
| Common StockF6 | Apr 6, 2017 | A | 73,530 | $0.51 | A | 73,530 | D | |
| Common StockF6,F4 | Apr 27, 2017 | P | 2,249 | $1.05 | A | 75,779 | I | Parliament Corporation |
| Common StockF6,F4 | May 5, 2017 | P | 2,433 | $1.10 | A | 78,212 | I | Parliament Corporation |
| Common StockF6,F4 | May 31, 2017 | P | 683 | $1.16 | A | 78,895 | I | Parliament Corporation |
| Common StockF6,F4 | Jun 9, 2017 | P | 1,433 | $1.40 | A | 80,328 | I | Parliament Corporation |
| Common StockF6,F4 | Jun 14, 2017 | P | 1,021 | $1.60 | A | 81,349 | I | Parliament Corporation |
| Common StockF6 | Jun 26, 2017 | S | 420 | $2.80 | D | 80,929 | D | |
| Common StockF6 | Jun 29, 2017 | S | 1,308 | $3.10 | D | 79,621 | D | |
| Common StockF6,F4 | Jul 31, 2017 | P | 267 | $1.10 | A | 79,888 | I | Parliament Corporation |
| Common StockF6,F4 | Aug 2, 2017 | P | 2,000 | $1.02 | A | 81,888 | I | Parliament Corporation |
| Common StockF1,F6 | Aug 6, 2017 | A | 392,157 | $0.51 | A | 474,045 | D | |
| Common StockF1,F6 | Aug 6, 2017 | A | 87,666 | $0.85 | A | 561,711 | D | |
| Common StockF6 | Aug 28, 2017 | S | 638 | $1.69 | D | 561,073 | D | |
| Common StockF6 | Aug 29, 2017 | S | 575 | $1.80 | D | 560,498 | D | |
| Common StockF6 | Aug 29, 2017 | S | 950 | $1.61 | D | 559,548 | D | |
| Common StockF6 | Sep 6, 2017 | S | 400 | $1.26 | D | 559,148 | D | |
| Common StockF6 | Sep 7, 2017 | S | 1,290 | $1.25 | D | 557,858 | D | |
| Common StockF6 | Sep 8, 2017 | S | 1,362 | $1.11 | D | 556,496 | D | |
| Common StockF6,F4 | Sep 22, 2017 | P | 710 | $1.02 | A | 557,206 | I | Parliament Corporation |
| Common StockF1,F6 | Sep 28, 2017 | A | 35,295 | $0.85 | A | 592,501 | D | |
| Common StockF6,F4 | Sep 27, 2017 | P | 270 | $1.03 | A | 592,771 | I | Parliament Corporation |
| Common StockF6,F4 | Oct 3, 2017 | P | 200 | $1.00 | A | 592,971 | I | Parliament Corporation |
| Common StockF6,F4 | Oct 6, 2017 | P | 300 | $0.99 | A | 593,271 | I | Parliament Corporation |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A Convertable PreferredF7 | $0.10 | Mar 25, 2015 | J | 1,500,000 | D | Mar 25, 2015 | Jun 18, 2017 | Common Shares | 15,000,000 | 0 | D |
Explanation of responses
- F1Shares issued under S-8 registration for compensation per employment agreement.
- F2Shares listed pre-split prior to 300:1 reverse stock split April 3, 2017
- F3Promissory note issued, share returned to corporate treasury.
- F4Parliament Corporation is a private entity under the control of Mr. Paul Parliament
- F5From October 17, 2016 through November 17, 2016 the Parliament Corporation sold a total of 3,639,197 shares at a weight average price of $0.0159 per share.
- F6Shares listed post-split after a 300:1 reverse stock split on April 3, 2017
- F7Each 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. On June 18, 2017 the board of directors and all shareholders of the Series A decided to return the shares to Company's treasury, no monetary transaction occurred.