SEC Form 4 · accession 0001144204-18-059899
ARC Group, Inc. · ARCK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Seenu G. Kasturi
Officer — President and CFO · Director · 10% Owner
Period of report
Aug 30, 2018
Accepted (ET)
Nov 14, 2018 · 3:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001452872
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par valueF1 | Oct 1, 2018 | A | 7,414 | — | A | 1,112,187 | D | |
| Series A Convertible Preferred Stock, $0.01 par value | holding | — | — | — | 449,581 | D | ||
| Common Stock, $0.01 par value | holding | — | — | — | 911 | I | By Blue Victory Holdings, Inc. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secured Convertible Promissory NoteF2 | $1.36 | Aug 30, 2018 | A | — | A | Aug 30, 2018 | — | Common Stock, $0.01 par value | 458,037 | 458,037 | D |
Explanation of responses
- F1The shares were granted to the Reporting Person pursuant to the terms of the Reporting Person's employment agreement with the Issuer.
- F2All principal and accrued but unpaid interest is due and payable by the Issuer in full on the earlier of (i) the fifth (5th) anniversary of the date of the note, or (ii) the date that the Reporting Person demands repayment in full by providing written notice thereof to the Issuer.