SEC Form 4 · accession 0001065949-18-000028
BLACKSTAR ENTERPRISE GROUP, INC. · BEGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
INTERNATIONAL HEDGE GROUP, INC.
10% Owner
Period of report
Jun 14, 2017
Accepted (ET)
Feb 16, 2018 · 9:53 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001483646
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 14, 2017 | M | 1,296,000 | $0.05 | A | 45,696,000 | D | |
| Common Stock | Jun 14, 2017 | M | 1,296,000 | $0.05 | D | 44,400,000 | D | |
| Common Stock | Sep 29, 2017 | M | 16,420,000 | $0.00 | D | 27,980,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants | $0.05 | Jun 14, 2017 | M | 1,350,000 | D | Aug 30, 2016 | Aug 30, 2019 | Common Stock | 1,350,000 | 1,350,000 | D |
Explanation of responses
- F1The cashless exercise of 1,350,000 warrants on June 14, 2017 resulted in 1,296,000 shares of common stock, which were assigned in part to THL Holdings, LLC (960,000), with the remainder being assigned to three other non-affiliate shareholders of BlackStar Enterprise Group, Inc.
- F2On September 29, 2017, International Hedge Group, Inc. retired 16,420,000 shares to treasury.