SEC Form 4 · accession 0001493152-18-004093
TON Strategy Co · TONX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rory J. Cutaia
Officer — CEO · Director · 10% Owner
Period of report
Mar 28, 2018
Accepted (ET)
Mar 29, 2018 · 9:00 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001566610
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 28, 2018 | A | 407,226 | $1.43 | A | 27,999,524 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person is the CEO of the issuer and he requested, with Board approval, to convert his entire accrued salary of $582,333 into 407,226 Restricted Shares of common stock at a price of $1.43 per share, which represents the closing price of the issuer's shares as reported on OTC Markets on March 28, 2018.