SEC Form 4 · accession 0001659173-17-000037
ATI Modular Technology Corp. · GREI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alton Perkins
Officer — Chair - CEO - CFO · Director · 10% Owner
Period of report
Jul 1, 2016
Accepted (ET)
Jan 26, 2017 · 12:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001679426
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 1, 2016 | A | 10,000,000 | $0.001 | A | 100,117,323 | I | Via controlling interest in the Alton & Xiang Mei Lin Perkins Family Trust (the "Perkins Trust") |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF2 | — | Jul 1, 2016 | A | 5,000,000 | A | Jul 1, 2017 | Jul 1, 2022 | Common Stock | 5,000,000 | 100,117,323 | D |
Explanation of responses
- F1For information regarding the nature of all of Mr. Perkins holdings under Issuer ATI Modular Technology Corp., please see his Form 3 previously filed on Edgar on October 21, 2016.
- F2The Reporting Person, or his authorized designee, has an option to purchase up to 5,000,000 shares of common stock of the Issuer per year at any time prior to the conclusion of the first year of the Agreement, i.e. prior to 365 days after execution of the Reporting Person's Employment Agreement, at a price of 1.5% per share of the closing price of the Company's stock quoted on a major exchange or over-the-counter marketplace one business day before purchase, and annually thereafter for a total of 5 consecutive years. The shares purchased under the option are subject to all rights and restrictions set forth in the Schedule to the Employment Agreement.