Nisan Fredi's Form 4/A amendment
AmendedRTB Digital, Inc. (RTB) · filed May 30, 2023
- Accession no.
- 0001185185-23-000588
- Filed
- May 30, 2023, 4:45 PM ET
- Trade date
- Nov 4, 2020-Jun 16, 2022
- Filing delay
- 937 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Dec 28, 2020
This filing lists 30 non-derivative transactions and 4 derivative transactions. Open-market purchases total $32.3K. Open-market sales total $141.3K. It was filed 937 days after the trade.
This filing was later replaced by the amendment 0001185185-23-000589 (May 30, 2023). Trade tables on this site use the amended version.
This amendment replaces 0001185185-21-001059 (filed Aug 4, 2021).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Nisan FrediCIK 0001826364 | Director, Officer (Chief Executive Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 4, 2020 | Common Stock par value $0.001 | MOption exerciseAcquired | +500,000 | $0.065 | +$32,500 | 125,235,244 | Direct | |
| Nov 4, 2020 | Common Stock par value $0.001 | FTax withholdingDisposed | −52,420 | $0.065 | −$3,407.3 | 125,182,824 | Direct | |
| Nov 13, 2020 | Common Stock par value $0.001 | SSaleDisposed | −250,000 | $0.30 | −$75,000 | 124,932,824 | Direct | |
| Dec 22, 2020 | Common Stock par value $0.001 | SSaleAcquired | +74,627 | $0.70 | +$52,238.9 | 125,358,197 | Direct | |
| Feb 12, 2021 | Common Stock par value $0.001 | DReturned to the companyAcquired | +1,800,000 | $2.33 | +$4,194,000 | 123,558,197 | Indirect | |
| Mar 15, 2021 | Common Stock par value $0.001 | AGrant or awardAcquired | +389 | $12.84 | +$4,994.76 | 20,593,422 | Direct | |
| Apr 15, 2021 | Common Stock par value $0.001 | AGrant or awardAcquired | +495 | $10.10 | +$4,999.5 | 20,593,917 | Direct | |
| May 15, 2021 | Common Stock par value $0.001 | AGrant or awardAcquired | +542 | $9.22 | +$4,997.24 | 20,594,459 | Direct | |
| May 21, 2021 | Common Stock par value $0.001 | SSaleAcquired | +20,062 | $0.70 | +$14,043.4 | 20,577,402 | Direct | |
| Jun 15, 2021 | Common Stock par value $0.001 | AGrant or awardAcquired | +343 | $14.60 | +$5,007.8 | 20,577,745 | Direct | |
| Jul 15, 2021 | Common Stock par value $0.001 | AGrant or awardAcquired | +482 | $10.37 | +$4,998.34 | 20,578,227 | Direct | |
| Aug 16, 2021 | Common Stock par value $0.001 | AGrant or awardAcquired | +647 | $7.73 | +$5,001.31 | 20,578,874 | Direct | |
| Aug 26, 2021 | Common Stock par value $0.001 | PPurchaseAcquired | +280 | $8.67 | +$2,427.6 | 20,579,154 | Direct | |
| Aug 26, 2021 | Common Stock par value $0.001 | PPurchaseAcquired | +837 | $8.75 | +$7,323.75 | 20,579,991 | Direct | |
| Aug 26, 2021 | Common Stock par value $0.001 | PPurchaseAcquired | +971 | $8.75 | +$8,496.25 | 20,580,962 | Direct | |
| Aug 26, 2021 | Common Stock par value $0.001 | PPurchaseAcquired | +192 | $8.75 | +$1,680 | 20,581,154 | Direct | |
| Sep 1, 2021 | Common Stock par value $0.001 | PPurchaseAcquired | +7 | $9.47 | +$66.29 | 20,581,161 | Direct | |
| Sep 15, 2021 | Common Stock par value $0.001 | AGrant or awardAcquired | +496 | $10.09 | +$5,004.64 | 20,581,657 | Direct | |
| Oct 15, 2021 | Common Stock par value $0.001 | AGrant or awardAcquired | +659 | $7.59 | +$5,001.81 | 20,582,316 | Direct | |
| Nov 24, 2021 | Common Stock par value $0.001 | DReturned to the companyAcquired | +1,000,000 | $5.59 | +$5,590,000 | 19,582,316 | Indirect | |
| Jan 20, 2022 | Common Stock par value $0.001 | AGrant or awardAcquired | +758 | $6.60 | +$5,002.8 | 19,583,074 | Direct | |
| Jan 20, 2022 | Common Stock par value $0.001 | AGrant or awardAcquired | +1,008 | $4.96 | +$4,999.68 | 19,584,082 | Direct | |
| Jan 27, 2022 | Common Stock par value $0.001 | AGrant or awardAcquired | +3,513 | $4.27 | +$15,000.51 | 19,587,595 | Direct | |
| Mar 15, 2022 | Common Stock par value $0.001 | AGrant or awardAcquired | +1,481 | $2.43 | +$3,598.83 | 19,589,076 | Direct | |
| Apr 27, 2022 | Common Stock par value $0.001 | AGrant or awardAcquired | +3,354 | $3.40 | +$11,403.6 | 19,600,614 | Direct | |
| May 23, 2022 | Common Stock par value $0.001 | PPurchaseAcquired | +4,800 | $2.05 | +$9,840 | 19,605,414 | Direct | |
| Jun 13, 2022 | Common Stock par value $0.001 | PPurchaseAcquired | +80 | $1.99 | +$159.2 | 19,605,494 | Direct | |
| Jun 16, 2022 | Common Stock par value $0.001 | PPurchaseAcquired | +600 | $1.43 | +$858 | 19,606,094 | Direct | |
| Jun 16, 2022 | Common Stock par value $0.001 | PPurchaseAcquired | +600 | $1.43 | +$858 | 19,606,694 | Direct | |
| Jun 16, 2022 | Common Stock par value $0.001 | PPurchaseAcquired | +400 | $1.43 | +$572 | 19,607,094 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 4, 2020 | Common Stock, par value $0.001 | MOption exerciseDisposed | −500,000 | $0.00 | $0 | 0 | Direct | |
| Dec 1, 2020 | Common Stock, par value $0.001 | AGrant or awardAcquired | +500,000 | $0.00 | $0 | 500,000 | Direct | |
| Jun 2, 2021 | Common Stock, par value $0.001 | AGrant or awardAcquired | +3,005 | $0.00 | $0 | 86,338 | Direct | |
| Apr 13, 2022 | Common Stock, par value $0.001 | AGrant or awardAcquired | +8,184 | $0.00 | $0 | 94,522 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Mr. Nisan did a cashless exercise of his 500,000 stock options granted on 6/24/2020, 52,420 of which were used to pay the exercise price.
- F2
The reporting party indirectly sold 1.8 million shares to RYVYL Inc. with a purchase price based on the value of the shares as of the date on which the transaction was agreed.
- F3
The reporting person serves as a managing member of GreenBox POS LLC.
- F4
The Company effected a reverse stock split of 1:6 on February 17, 2021. As a result, Mr. Nisan's 123,558,197 shares of common stock became 20,593,033 shares of common stock.
- F5
The Company effected a reverse stock split of 1:6 on February 17, 2021. As a result, Mr. Nisan's 500,000 stock options became 83,333 stock options.
- F6
Mr. Nisan earns $5,000 worth of shares of Common stock monthly as compensation for serving as a Director of the Company, issuable on the 15th day of each month calculated based on the closing price of our Common Stock on that date or the next trading day.
- F7
The reporting person indirectly sold one million shares to RYVYL Inc. with a purchase price based on the value of the shares as of the date on which the transaction was agreed.
- F8
Mr. Nisan earns $5,000 worth of shares of Common stock monthly as compensation for serving as a Director of the Company, issuable on the 15th day of the first month of each quarter in the number based on the closing price of our Common Stock on that date or the next trading day. The issuances for November 2021 and December 2021 were delayed.
- F9
The Board of Directors of the Company granted Mr. Nisan 3,513 shares of Common Stock pursuant to the Company's 2021 Restricted Stock Plan as compensation for serving as a Director of the Company during Q1 2022, whereby 1/3 of the shares granted vest immediately upon issuance, an additional 1/3 of the shares shall vest each month thereafter, and all shares vest fully on March 15, 2022.
- F10
Mr. Nisan earns $5,000 worth of shares of Common stock monthly as compensation for serving as a Director of the Company based on the closing price of our Common Stock on that date or the next trading day. The Board of Directors of the Company granted shares valued at $3,600 in a March issuance that will be applied against Q2 issuances.
- F11
Mr. Nisan earns $5,000 worth of shares of Common stock monthly as compensation for serving as a Director of the Company, issuable on the 15th day of the first month of each quarter calculated based on the closing price of our Common Stock on that date or the next trading day, whereby 1/3 of the shares granted shall vest 6 months after issuance and an additional 1/3 of the shares shall vest each month thereafter.
Remarks
See continuance of amended transactions on Form 4 filed on the same day.