SEC Form 4 · accession 0001520138-17-000155
GREY CLOAK TECH INC. · GRCK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Nejman
Officer — President · Director · 10% Owner
Period of report
Mar 31, 2017
Accepted (ET)
Apr 28, 2017 · 11:36 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001630176
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 31, 2017 | P$0 | 26,501,105 | $0.00 | A | 26,501,105 | D | |
| Common StockF1 | Mar 31, 2017 | P$0 | 6,964,939 | $0.00 | A | 33,466,044 | I | by Tomorrow Media, Inc. |
| Common StockF2 | Mar 31, 2017 | D | 19,001,105 | $0.00 | D | 7,500,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Convertible Preferred StockF1,F3 | $0.00 | Mar 31, 2017 | P | 2,857,685 | A | Mar 31, 2017 | — | Common Stock | 17,146,110 | 2,857,685 | D |
| Series A Convertible Preferred StockF2,F3 | $0.00 | Mar 31, 2017 | A | 3,166,851 | A | Mar 31, 2017 | — | Common Stock | 19,001,106 | 6,024,536 | D |
Explanation of responses
- F1These shares of common stock and Series A Convertible Preferred Stock were acquired in the share exchange between Grey Cloak Tech Inc. and ShareRails, LLC.
- F2After becoming an officer and director, the reporting person received 3,166,851 shares of Series A Convertible Preferred Stock from the issuer in exchange for 19,001,105 shares of common stock.
- F3N/A