SEC Form 4 · accession 0001683168-18-000044
Grom Social Enterprises, Inc. · GRMM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darren Marks
Officer — Chairman/CEO/President · Director · 10% Owner
Period of report
Aug 17, 2017
Accepted (ET)
Jan 4, 2018 · 2:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001662574
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F3 | Aug 17, 2017 | J | 11,847,354 | $0.00 | A | 14,538,065 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF1,F3,F2 | $0.36 | Aug 17, 2017 | J | 4,170,000 | A | Jun 11, 2014 | Jun 11, 2019 | Common Stock | 4,170,000 | 4,170,000 | I |
| OptionF1,F3,F2 | $0.72 | Aug 17, 2017 | J | 4,170,000 | A | Apr 15, 2015 | Apr 15, 2020 | Common Stock | 4,170,000 | 8,340,000 | I |
| OptionF1,F3,F2 | $0.78 | Aug 17, 2017 | J | 1,042,500 | A | Feb 15, 2016 | Feb 15, 2021 | Common Stock | 1,042,500 | 9,382,500 | I |
Explanation of responses
- F1Reporting Person held shares of common stock and options to purchase shares of common stock in Grom Holdings, Inc., a Delaware corporation, which was acquired by the Issuer on August 17, 2017. The Grom Holdings, Inc. shares and options were exchanged for similar securities of the Issuer on a 4.17 to 1 basis.
- F2Represents original exercise date of options granted by Grom Holdings, Inc., a Delaware corporation, to Reporting Person which was acquired by the Issuer on August 17, 2017. Teh options were exchanged for similar securities of the Issuer on a 4.17 to 1 basis.
- F3Shares are held by Family Tys LLC of which Reporting Person is the Managing Member.