SEC Form 4 · accession 0001607062-18-000283
MOBETIZE, CORP. · MPAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Malek Ladki
Director
Period of report
Aug 29, 2018
Accepted (ET)
Sep 13, 2018 · 10:37 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001546679
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 29, 2018 | M | 1,600,000 | — | A | 1,600,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B PreferredF2,F3,F1 | — | Aug 29, 2018 | M | 1,600,000 | D | May 22, 2018 | — | Common Stock | 1,600,000 | 0 | D |
Explanation of responses
- F1Malek Ladki, a director of the Registrant, converted 1,600,000 shares of Series B Preferred Stock into 1,600,000 shares of Common Stock.
- F2The conversion of Series B Preferred shares to Common Stock does not require a conversion price or exercise price, rather shares of Series B Preferred were exchanged for shares of Common Stock.
- F3Series B Preferred shares have no expiration date and are cancelled on conversion to Common Stock.