SEC Form 4 · accession 0001144204-18-000035
Net Element, Inc. · NETE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan New
Officer — Chief Financial Officer
Period of report
Dec 28, 2017
Accepted (ET)
Jan 2, 2018 · 6:25 am EST
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 StockF1,F2 | Dec 28, 2017 | A | 8,150 | — | A | 11,174 | D | |
| Common StockF2 | holding | — | — | — | 58 | I | By Spouse | |
| Common StockF2 | holding | — | — | — | 108 | I | By Son |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Net Element, Inc. awarded to Jonathan New, Chief Financial Officer of the Company, 8,150 Restricted Shares, as defined in the Company's 2013 Equity Incentive Plan, as amended, (the "Shares") on December 28, 2017 (the "Grant Date"). 100% of the Shares vested immediately as of the Grant Date.
- F2As adjusted by a reverse stock split on October 5, 2017.