SEC Form 4 · accession 0001144204-15-021382
Net Element, Inc. · NETE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Apr 2, 2015
Accepted (ET)
Apr 6, 2015 · 5:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001499961
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Apr 2, 2015 | S | 1,500,000 | $2.00 | D | 4,069,158 | I | By Cayman Invest, S.A. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Cayman Invest, S. A. sold such security in a private sale pursuant to a privately negotiated Stock Purchase Agreement dated April 2, 2015.
- F2This security is owned directly by Cayman Invest S.A. Anashkhan Gabbazova may be deemed to share beneficial ownership of the security held by Cayman Invest S.A. by virtue of her status as the sole director and shareholder of Cayman Invest S.A. Anashkhan Gabbazova disclaims beneficial ownership of such shares, except to the extent of her pecuniary interest therein.