BOLLINGER INNOVATIONS, INC. — Director's Dealing 2016

Apr 14, 2016

SEC Form 4/A — Form 4/A

Issuer: Net Element, Inc. (NETE)
CIK: 0001499961
Period of Report: 2015-12-03

Reporting Person: New Jonathan (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-12-03	Options to Purchase Shares of Common Stock	$0.24	A	200000	Acquired	2025-12-03	Options to Purchase Shares of Common Stock (200000)	Direct

Footnotes

F1: This amendment is filed to amend the number of options to purchase shares of common stock held by Jonathan New. Initially, Net Element, Inc. awarded 591,667 options to purchase shares of common stock to Jonathan New pursuant to the terms of that certain 2013 Equity Incentive Plan, as amended. On April 12, 2016, Net Element, Inc. rescinded 391,667 of such options, thereby reducing such option award to 200,000 options.