Filing Details
- Accession Number:
- 0001493152-21-018738
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-08-05 16:35:42
- Reporting Period:
- 2020-12-11
- Accepted Time:
- 2021-08-05 16:35:42
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1805024 | Amergent Hospitality Group Inc | AMHG | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1762396 | L Frederick Glick | 7621 Little Avenue Suite 414 Charlotte, NC 28226 | President | 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 | 2021-08-02 | 50,000 | $0.47 | 80,000 | 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 | Stock Option(nonstatutory) | Acquisiton | 2021-08-02 | 150,000 | $0.00 | 150,000 | $2.50 |
| Common Stock | Stock Option(nonstatutory) | Acquisiton | 2021-08-02 | 300,000 | $0.00 | 300,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 150,000 | 2021-08-02 | 2026-08-02 | No | 4 | A | Direct |
| 300,000 | 2026-08-02 | No | 4 | A | Direct |
Footnotes
- Nonqualified option to purchase an aggregate of 300,000 shares of common stock of the Company, $0.0001 par value (shares of common stock of the Company referred to herein as "Shares"), 100,000 of which are exercisable at $0.56 per Share, 100,000 of which are exercisable at $0.81 per Share, and 100,000 of which are exercisable at $1.08 per Share.
- Vest in twelve equal installments, the first installment vesting August 2, 2021, and the remaining installments vesting on each of October 1, 2021, January 1,2022, April 1, 2022, July 1, 2022, October 1, 2022, January 1, 2023, April 1, 2023, July 1, 2023, October 1, 2023, January 1, 2024, and April 1, 2024. These option awards further vest based on exercise price, with lower priced options vesting first and are subject to theterms and conditions of the 2021 Inducement Plan (the "Plan") and the terms and conditions of that certain Employment Agreement effective July 1, 2021, by and between the Optionee and the Company.
- Grant pursuant to 2021 Inducement Plan, as amended.
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