BOLLINGER INNOVATIONS, INC. — Director's Dealing 2013

Nov 29, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Net Element International, Inc. (NETE)
CIK: 0001499961
Period of Report: 2013-11-26

Reporting Person: New Jonathan (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-26	Common Stock	S	1264	$2.60	Disposed	37763	Direct
2013-11-27	Common Stock	S	1800	$2.60	Disposed	35963	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5749	Indirect
Common Stock	5749	Indirect

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 19, 2013.

F2: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.60 to $2.61, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range described in this footnote.

F3: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.54 to $2.68, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range described in this footnote.