Home > Insider Trading > Filing (0001493152-19-013793)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1701756	Muscle Maker Inc.	MMB	Retail-Eating & Drinking Places (5810)	472555533

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1728047	B. Alfred Iii Southall	C/O Muscle Maker, Inc. 308 East Renfro Street, Suite 101 Burleson, TX 76028		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2019-08-02	3,150	$2.00	211,195	No	4	P	Direct
Common Stock	Acquisiton	2019-08-02	20,750	$1.00	208,045	No	4	P	Direct
Common Stock	Acquisiton	2019-04-26	86,500	$1.00	187,295	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	15% Senior Secured Convertible Promissory Notes	Acquisiton	2019-01-09	0	$1.00	50,000	$1.00
Common Stock	Common Stock Purchase Warrants	Acquisiton	2019-01-09	25,000	$1.20	25,000	$1.20
Common Stock	Warrant (right to buy)	Acquisiton	2017-08-14	5,356	$9.33	5,356	$9.33
Common Stock	Convertible debt (right to buy)	Acquisiton	2017-08-07	100,000	$1.00	100,000	$1.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
50,000	2019-01-09		No	4	P	Direct
25,000	2019-01-09	2024-01-09	No	4	P	Direct
5,356	2017-08-14	2020-08-14	No	4	P	Direct
100,000	2017-08-07	2020-01-24	No	4	P	Direct

Footnotes

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.
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. The Company and the holder agreed to extend the due date on two separate occasions. In connection with the extension of the maturity date to January 24, 2020, the Company and the holder agreed to reduce the conversion price to $1.00 per share.