Sadot Group Inc. — Director's Dealing 2019

Sep 6, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Muscle Maker, Inc. (MMB)
CIK: 0001701756
Period of Report: 2019-04-26

Reporting Person: Southall III Alfred B. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-08-02	Common Stock	P	3150	$2.00	Acquired	211195	Direct
2019-08-02	Common Stock	P	20750	$1.00	Acquired	208045	Direct
2019-04-26	Common Stock	P	86500	$1.00	Acquired	187295	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-01-09	15% Senior Secured Convertible Promissory Notes	$1.00	P		Acquired		Common Stock (50000)	Direct
2019-01-09	Common Stock Purchase Warrants	$1.20	P	25000	Acquired	2024-01-09	Common Stock (25000)	Direct
2017-08-14	Warrant (right to buy)	$9.33	P	5356	Acquired	2020-08-14	Common Stock (5356)	Direct
2017-08-07	Convertible debt (right to buy)	$1.00	P	100000	Acquired	2020-01-24	Common Stock (100000)	Direct

Footnotes

F1: The issuer granted the reporting person a 3-year warrant to purchase 5,356 shares of common stock of the issuer at an exercise price of $9.33 per share in connection with a loan made by the reporting person to the issuer in 2017.

F2: On August 7, 2017, the issuer issued a convertible note to the reporting person for a loan of $100,000, maturing six months after issuance of the convertible note, convertible into common stock at a price per share of $1.625, and, if not converted, a stated interest rate of 10% per six .months, will become due and payable along with the principal amount. The Company and the holder agreed to extend the due date on two separate occasions. In connection with the extension of the maturity date to January 24, 2020, the Company and the holder agreed to reduce the conversion price to $1.00 per share.