SEC Form 3 · accession 0001580695-18-000565
Reliant Holdings, Inc. · ONAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elijah May
Officer — President, CEO and COO · Director · 10% Owner
Period of report
Dec 17, 2018
Accepted (ET)
Dec 27, 2018 · 3:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001682265
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per share | holding | — | — | — | 4,500,000 | D | ||
| Common Stock, par value $0.001 per shareF1 | holding | — | — | — | 4,000,000 | I | Through Voting Agreement |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to a Voting Agreement entered into on November 3, 2017, Mr. Michael Chavez provided complete authority to Mr. May to vote the 4,000,000 shares of common stock which Mr. Chavez holds (and any other securities of the Issuer obtained by Mr. Chavez in the future) at any and all meetings of shareholders of the Issuer and via any written consents. The Voting Agreement has a term of ten years, through November 3, 2027, but can be terminated at any time by Mr. May and terminates automatically upon the death of Mr. May. In connection with his entry into the Voting Agreement, Mr. Chavez provided Mr. May an irrevocable voting proxy to vote the shares covered by the Voting Agreement. Additionally, during the term of such agreement, Mr. Chavez agreed not to transfer the shares covered by the Voting Agreement except pursuant to certain limited exceptions. Due to the Voting Agreement, Mr. May is deemed to beneficially own the 4,000,000 shares of common stock held by Mr. Chavez.