SEC Form 5 · accession 0001091818-17-000164
Bravo Multinational Inc. · BRVO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Kaiser Kaiser
Officer — Secretary/ Acting CFO · Director
Period of report
Dec 31, 2016
Accepted (ET)
Oct 17, 2017 · 2:26 pm 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 | Jul 22, 2016 | S | 646,286 | $0.016 | D | 5,530,976 | D | |
| Common StockF2 | Aug 8, 2016 | S | 689,786 | $0.015 | D | 4,841,190 | D | |
| Common StockF2 | Aug 11, 2016 | S | 719,786 | $0.014 | D | 4,121,404 | D | |
| Common StockF2 | Aug 23, 2016 | S | 596,402 | $0.0145 | D | 3,525,002 | D | |
| Common StockF1,F2 | Sep 3, 2016 | A | 765,000 | $0.017 | A | 4,290,002 | D | |
| Common StockF2,F3 | Oct 3, 2016 | J | 3,050,400 | $0.0325 | D | 1,239,604 | D | |
| Common StockF1,F4 | Aug 6, 2017 | A | 92,892 | $0.51 | A | 97,026 | D | |
| Common StockF1,F4 | Aug 6, 2017 | A | 50,981 | $0.85 | A | 148,007 | D | |
| Common StockF1,F4 | Sep 28, 2017 | A | 15,295 | $0.85 | A | 163,302 | D | |
| Common Stock | Sep 28, 2017 | A | 20,000 | $0.85 | A | 183,302 | D |
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 PreferredF5 | $0.10 | Mar 25, 2015 | J | 750,000 | D | Mar 25, 2015 | Jun 18, 2017 | Common Shares | 7,500,000 | 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.
- F4Shares listed post-split after a 300:1 reverse stock split on April 3, 2017
- F5Each 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.