Filing Details
- Accession Number:
- 0001144204-13-017620
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-03-26 18:18:09
- Reporting Period:
- 2013-02-27
- Filing Date:
- 2013-03-26
- Accepted Time:
- 2013-03-26 18:18:09
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1097792 | Dubli Inc. | DUBL | Services-Business Services, Nec (7389) | 134067623 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1475599 | Michael Hansen | The Palm Jumeirah P.o. Box 283612 Dubai C0 | President And Ceo | Yes | Yes | Yes | 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 | 2013-02-27 | 25,000,000 | $0.00 | 94,778,537 | No | 4 | A | Direct | |
Common Stock | Acquisiton | 2013-03-22 | 10,000,000 | $0.25 | 104,778,537 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (right to buy) | Disposition | 2013-02-27 | 15,000,000 | $0.00 | 23,041,767 | $0.15 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
8,041,767 | 2011-12-31 | 2021-05-14 | No | 4 | D | Direct |
Footnotes
- In connection with the Reporting Person's entry into a new employment agreement with DubLi, Inc. (the "Company"), on February 27, 2013, the Company issued 25 million restricted shares of common stock of the Company to the Reporting Person. The Reporting Person's interest in the shares of common stock will vest as to 2.5 million shares on September 30, 2013 and the remaining 22.5 million shares will vest at the rate of 2.5 million shares on March 31 and September 30 of each year, beginning on March 31, 2014, until all shares have vested for so long as his agreement remains in effect.
- The option vested as to five million shares on each of December 31, 2011 and 2012, and would have vested as to five million shares on each of December 31, 2013, 2014 and 2015. In connection with the Reporting Person's entry into a new employment agreement with the Company, on February 27, 2013, the Reporting Person relinquished his rights to the remaining 15 million unvested shares underlying the option.