SEC Form 4 · accession 0001213900-18-009584
International Money Express, Inc. · IMXI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel G Cohen
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Jul 20, 2018
Accepted (ET)
Jul 24, 2018 · 9:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001683695
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Put Option (obligation to buy)F1 | $10.0869 | Jul 20, 2018 | S | 1,000,000 | D | — | — | Common Stock | 1,000,000 | 1,000,000 | D |
Explanation of responses
- F1The reporting person is a party to a Put Option Agreement dated July 20, 2018 under which the reporting person agreed to purchase during the one-year period after consummation of the Issuer's merger with affiliates of Intermex Wire Transfer, LLC, up to 1,000,000 shares of common stock held by a stockholder of the issuer. Pursuant to the Put Option Agreement, at the reporting person's election, the reporting person may direct the stockholder to sell the shares in an open market transaction, and, if the sale price is less than the exercise price, the reporting person will pay the difference.