SEC Form 4 · accession 0001493152-18-014001
TON Strategy Co · TONX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Rory J. Cutaia
Officer — CEO · Director · 10% Owner
Period of report
Sep 30, 2018
Accepted (ET)
Oct 2, 2018 · 4:17 pm 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 | Sep 30, 2018 | A | 10,213,380 | $0.00 | A | 38,212,904 | D | |
| Common StockF2 | Sep 30, 2018 | A | 11,264,825 | $788,538.00 | A | 49,477,729 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person is the CEO of the Issuer. He elected to exercise three warrants, (previously granted to him in consideration for loans made by the CEO to the Issuer), for Restricted Shares of Common Stock of the Issuer.
- F2In addition, the CEO elected to convert $788,538 of the total sums he loaned to the Issuer, (which is the maximum amount permitted under the loan documents), into Restricted Shares of Common Stock of the Issuer, reducing the amount of debt on the Issuer's balance sheet.