Filing Details

Accession Number:
0001144204-14-048858
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-08-12 15:13:12
Reporting Period:
2014-07-25
Filing Date:
2014-08-12
Accepted Time:
2014-08-12 15:13:12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1499961 Net Element Inc. NETE Services-Computer Processing & Data Preparation (7374) 901025599
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1475838 Steven Wolberg C/O Net Element, Inc.
3363 Ne 163Rd St., Suite 705
North Miami Beach FL 33160
Clo No 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 2014-07-25 627,171 $0.00 627,171 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. These shares were issued under a letter agreement, dated as of August 28, 2013 (as amended as of June 30, 2014 by Amendment No. 1), among Net Element, Inc., Oleg Firer, Steven Wolberg, Georgia Notes 18 LLC and Vladimir Sadovskiy, pursuant to which Net Element, Inc. issued to Mr. Wolberg 627,171 shares of common stock of Net Element, Inc. in exchange for the outstanding 2% non-controlling interest in TOT Group, Inc.