SEC Form 3 · accession 0001387131-15-003466
Ournett Holdings, Inc. · [NONE]
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Santiago Pijuan Riera
Director · 10% Owner
Period of report
Oct 22, 2015
Accepted (ET)
Nov 17, 2015 · 8:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001590685
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 4,500,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible Promissory Note, dated January 28, 2015F1 | — | holding | — | — | — | — | — | Common Stock | — | — | D |
| Convertible Promissory Note, dated May 15, 2015F2 | — | holding | — | — | — | — | — | Common Stock | — | — | D |
Explanation of responses
- F1Santiago Pijuan Riera, may convert, at his election, the principal of the Note into 131,653.20 shares of Common Stock plus such number of shares of Common Stock in respect of accrued but unpaid interest at the rate of 1% per annum, at a conversion price of $0.025 per share of Common Stock, upon the earlier of (i) 6 months from the issuance date of such Note or (ii) the date on which the Issuer receives a ticker symbol from FINRA, which has not yet been issued. The conversion rights expire on the Maturity Date on February 28, 2016.
- F2Santiago Pijuan Riera, may convert, at his election, the principal of the Note into 67,780 shares of Common Stock plus such number of shares of Common Stock in respect of accrued but unpaid interest at the rate of 1% per annum, at a conversion price of $0.025 per share of Common Stock, upon the earlier of (i) 6 months from the issuance date of such Note or (ii) the date on which the Issuer receives a ticker symbol from FINRA, which has not yet been issued. The conversion rights expire on the Maturity Date on May 14, 2025.
Remarks
On October 22, 2015, Santiago Pijuan Riera was appointed as a member of the Board of Directors of Ournett Holdings, Inc.