SEC Form 4 · accession 0001144204-15-025824
Eventure Interactive, Inc. · EVTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan Johnson
Officer — Chief Corporate Devel Ofcr · Director · 10% Owner
Period of report
Feb 2, 2015
Accepted (ET)
Apr 29, 2015 · 1:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001509351
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 2, 2015 | A | 2,000,000 | $0.00 | A | 10,015,625 | D | |
| Common StockF2 | Feb 2, 2015 | J | 4,853,571 | $0.00 | A | 14,869,196 | D | |
| Common StockF3 | Feb 2, 2015 | J | 2,299,729 | $0.00 | A | 17,168,925 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Options (right to buy)F4 | $0.10 | Feb 2, 2015 | A | 1,000,000 | A | — | Feb 1, 2025 | Common Stock | 1,000,000 | 1,000,000 | D |
Explanation of responses
- F1These shares were issued to the Reporting Person in connection with Amendment No. 2 dated as of February 2, 2015 to the November 21, 2012 Employment Services Agreement, as amended on March 10, 2014, by and between the Issuer and the Reporting Person.
- F2These shares were issued to the Reporting Person upon conversion of $339,780 in accrued salary due to him, at a conversion price of $0.07 per share.
- F3These shares were issued to the Reporting Person upon conversion of $160,981, representing an aggregate amount of certain loans made by the reporting Person to the Issuer, including principal and interest due thereon, at a conversion price of $0.07 per share.
- F4These options were issued to the Reporting Person under the Issuer's 2015 Equity Incentive Plan (the "Plan") and vest ratably on a monthly basis over a period of three years beginning on March 1, 2015.