Nisan Fredi's Form 4/A amendment
AmendedRTB Digital, Inc. (RTB) · filed May 30, 2023
- Accession no.
- 0001185185-23-000589
- Filed
- May 30, 2023, 4:46 PM ET
- Trade date
- Jun 16, 2022-May 15, 2023
- Filing delay
- 348 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Dec 28, 2020
This filing lists 18 non-derivative transactions. It carries over 32 transactions from the original filing that it did not restate. Open-market purchases total $38.3K. Open-market sales total $141.3K. It was filed 348 days after the trade.
This amendment restates part of 0001185185-23-000588 (filed May 30, 2023). The transactions it did not restate still count and are listed below.
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 |
|---|---|---|---|---|---|---|---|---|
| Jun 16, 2022 | Common Stock par value $0.001 | PPurchaseAcquired | +5,400 | $1.42 | +$7,668 | 19,612,494 | Direct | |
| Jun 16, 2022 | Common Stock par value $0.001 | PPurchaseAcquired | +20 | $1.38 | +$27.6 | 19,612,514 | Direct | |
| Jul 22, 2022 | Common Stock par value $0.001 | AGrant or awardAcquired | +15,152 | $2.12 | +$32,122.24 | 19,627,666 | Direct | |
| Jul 22, 2022 | Common Stock par value $0.001 | AGrant or awardAcquired | +17,646 | $0.85 | +$14,999.1 | 19,645,312 | Direct | |
| Jul 29, 2022 | Common Stock par value $0.001 | DReturned to the companyDisposed | −1,000,000 | $0.82 | −$820,000 | 18,645,312 | Indirect | |
| Aug 16, 2022 | Common Stock par value $0.001 | AGrant or awardAcquired | +53,149 | $1.27 | +$67,499.23 | 18,698,461 | Direct | |
| Oct 17, 2022 | Common Stock par value $0.001 | AGrant or awardAcquired | +14,283 | $1.05 | +$14,997.15 | 18,712,744 | Direct | |
| Oct 27, 2022 | Common Stock par value $0.001 | FTax withholdingDisposed | −43 | $0.94 | −$40.42 | 18,712,701 | Direct | |
| Nov 15, 2022 | Common Stock par value $0.001 | FTax withholdingDisposed | −45 | $0.94 | −$42.3 | 18,712,656 | Direct | |
| Nov 17, 2022 | Common Stock par value $0.001 | FTax withholdingDisposed | −4,394 | $0.92 | −$4,042.48 | 18,708,262 | Direct | |
| Dec 15, 2022 | Common Stock par value $0.001 | FTax withholdingDisposed | −27 | $0.53 | −$14.31 | 18,708,235 | Direct | |
| Jan 17, 2023 | Common Stock par value $0.001 | FTax withholdingDisposed | −1,219 | $0.79 | −$963.01 | 18,707,016 | Direct | |
| Feb 15, 2023 | Common Stock par value $0.001 | FTax withholdingDisposed | −1,052 | $0.53 | −$557.56 | 18,705,964 | Direct | |
| Feb 15, 2023 | Common Stock par value $0.001 | FTax withholdingDisposed | −22,852 | $0.53 | −$12,111.56 | 18,683,112 | Direct | |
| Mar 15, 2023 | Common Stock par value $0.001 | FTax withholdingDisposed | −875 | $0.36 | −$315 | 18,682,237 | Direct | |
| May 10, 2023 | Common Stock par value $0.001 | AGrant or awardAcquired | +18,987 | $0.79 | +$14,999.73 | 18,701,224 | Direct | |
| May 10, 2023 | Common Stock par value $0.001 | AGrant or awardAcquired | +18,750 | $0.80 | +$15,000 | 18,719,974 | Direct | |
| May 15, 2023 | Common Stock par value $0.001 | FTax withholdingDisposed | −433 | $0.47 | −$203.51 | 18,720,407 | Direct |
Carried over from the original filing
This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.
From 0001185185-23-000588 (filed May 30, 2023).
Non-derivative securities (Table I)
| 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 | +400 | $1.43 | +$572 | 19,607,094 | Direct |
Derivative securities (Table II)
| 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
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.
- F2
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.
- F3
Mr. Nisan was granted 15,152 shares for his 2021 performance review in accordance with the 2021 Restricted Stock Plan.
- F4
The Board of Directors approved a $67,500 raise in compensation for Mr. Nisan for the remainder of the 2022 calendar year. Per the approval of the Board of Directors, Mr. Nisan elected to receive this amount in shares of Common Stock in lieu of cash.
- F5
Represents withholding of shares of common stock for the tax liability associated with the vesting of 1/3 of the registered shares granted on April 27, 2022.
- F6
Represents withholding of shares of common stock for the tax liability associated with the vesting of the registered shares granted on July 22, 2022.
- F7
Represents withholding of shares of common stock for the tax liability associated with the vesting of 1/3 of the registered shares granted on July 15, 2022.
- F8
Represents withholding of shares of common stock for the tax liability associated with the vesting of the registered shares granted on August 16, 2022.
- F9
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. The issuances for Q12023 and Q2 2023 were delayed.
- F10
Represents withholding of shares of common stock for the tax liability associated with the vesting of 1/3 of the registered shares granted on October 17, 2022.
Remarks
See continuance of amended transactions on previously Form 4 filed on the same day.