SEC Form 4 · accession 0001173375-16-000290
REAC GROUP, INC. · REAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert DeAngelis
Officer — President,Secretary,Treasurer · Director · 10% Owner
Period of report
Nov 22, 2016
Accepted (ET)
Nov 22, 2016 · 1:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001520528
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Nov 22, 2016 | A | 20,000,000 | $0.06 | A | 20,005,003 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to his Employment Contract, Reporting Person was awarded 20,000,000 shares of common stock as an annual bonus pursuant to his Employment Agreement.
- F2The price is based on 50% of average closing price of REAC stock for the ten trading days ended November 22, 2016, as reported on OTCMarkets website.