Filing Details
- Accession Number:
- 0001493152-20-019836
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-10-22 17:17:33
- Reporting Period:
- 2019-01-01
- Accepted Time:
- 2020-10-22 17:17:33
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1430523 | Verus International Inc. | VRUS | Wholesale-Groceries, General Line (5141) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1693901 | Anshu Bhatnagar | C/O Verus International, Inc. 9841 Washingtonian Boulevard, #390 Gaithersburg MD 20878 | Chief Executive Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2020-10-22 | 25,109,375 | $0.00 | 25,109,375 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Warrants | Acquisiton | 2019-01-01 | 45,000,000 | $0.00 | 45,000,000 | $0.01 |
| Common Stock | Warrants | Acquisiton | 2019-02-01 | 15,000,000 | $0.00 | 15,000,000 | $0.01 |
| Common Stock | Warrants | Acquisiton | 2019-05-01 | 22,500,000 | $0.00 | 22,500,000 | $0.01 |
| Common Stock | Warrants | Acquisiton | 2019-08-01 | 22,500,000 | $0.00 | 22,500,000 | $0.01 |
| Common Stock | Warrants | Acquisiton | 2019-11-01 | 37,500,000 | $0.00 | 37,500,000 | $0.01 |
| Common Stock | Warrants | Acquisiton | 2020-01-01 | 69,173,355 | $0.00 | 69,173,355 | $0.01 |
| Common Stock | Warrants | Acquisiton | 2020-02-01 | 45,000,000 | $0.00 | 45,000,000 | $0.01 |
| Common Stock | Warrants | Acquisiton | 2020-04-28 | 471,883,795 | $0.00 | 471,883,795 | $0.01 |
| Common Stock | Series C Convertible Preferred Stock | Acquisiton | 2020-09-25 | 250,000 | $0.00 | 25,000,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 45,000,000 | 2019-01-01 | 2023-12-31 | No | 4 | J | Direct |
| 15,000,000 | 2019-02-01 | 2024-01-31 | No | 4 | J | Direct |
| 22,500,000 | 2019-05-01 | 2024-04-30 | No | 4 | J | Direct |
| 22,500,000 | 2019-08-01 | 2024-07-31 | No | 4 | J | Direct |
| 37,500,000 | 2019-11-01 | 2024-10-31 | No | 4 | J | Direct |
| 69,173,355 | 2020-01-01 | 2024-12-31 | No | 4 | J | Direct |
| 45,000,000 | 2020-02-01 | 2025-01-31 | No | 4 | J | Direct |
| 471,883,795 | 2020-04-28 | 2025-04-27 | No | 4 | A | Direct |
| 645,801 | 2020-09-25 | No | 4 | A | Direct |
Footnotes
- Issued to Reporting Person pursuant to the Employment Agreement between the Issuer and Reporting Person dated January 31, 2017.
- Issued to Reporting Person pursuant to the Amended and Restated Employment Agreement between the Issuer and Reporting Person dated April 29, 2020.
- Each share of Series C Convertible Preferred Stock is convertible into such number of shares equal to the Stated Value divided by the Conversion Price. "Stated Value" initially means $5.00 per share and "Conversion Price" initially means $0.05 per share.
- The Series C Convertible Preferred Stock have no expiration date.
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