Filing Details
- Accession Number:
- 0001493152-22-025412
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-09-08 19:18:30
- Reporting Period:
- 2022-08-17
- Accepted Time:
- 2022-09-08 19:18:30
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1561880 | Legacy Education Alliance Inc. | LEAI | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1338670 | Barry Kostiner | 1490 N.e. Pine Island Rd., Suite 5-D Cape Coral FL 33909 | 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 | 2022-08-17 | 1,600,000 | $0.00 | 8,183,500 | No | 4 | P | Indirect | Through Legacy Tech Partners, LLC |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | Through Legacy Tech Partners, LLC |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 315,000 | Direct |
Footnotes
- The common stock was issued to Legacy Tech Partners, LLC as partial consideration for entering into a Forbearance Agreement, dated July 15, 2022.
- The Reporting Person, the sole director and Chief Executive Officer of the Issuer, has an indirect beneficial ownership in the common stock acquired by LTP due to the Reporting Person's position as President of LTP and a holder of 25% of its membership interests. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.