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Sadot Group Inc. — Director's Dealing 2019
Jan 29, 2019
35376_dirs_2019-01-29_174d1444-ebce-4abe-85c1-8a2cd147a0dc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Muscle Maker, Inc. (MMB)
CIK: 0001701756
Period of Report: 2019-01-09
Reporting Person: Southall III Alfred B. (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-01-09 | 15% Senior Secured Convertible Promissory Notes | $1.00 | A | Acquired | Common Stock (50000) | Direct | ||
| 2019-01-09 | Common Stock Purchase Warrants | $1.20 | A | 25000 | Acquired | 2024-01-09 | Common Stock (25000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 100071 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Warrant (right to buy) | $9.33 | 2020-08-14 | Common Stock (5356) | 5356 | Direct |
| Convertible debt (right to buy) | $1.625 | 2018-02-07 | Common Stock (61538) | 61538 | 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.