InsiderTrades

Form 4 for MRDN Meridian Holdings Inc./NV

Accepted 2024-09-11 00:00:00 ET · period of report 2024-07-01 · accession 0001477932-24-005668 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X Filed Traded Ticker Insider Title Type Price Qty Owned ΔOwn Value
D 2024-09-11 2024-09-04 MRDN Milovanovic Aleksandar 10%, Member of 10% Reporting Group C - Cnv Deriv $2.00 +1.00M 72.15M +1% +$2.00M
DM 2024-09-11 2024-07-01+ MRDN Milovanovic Aleksandar 10%, Member of 10% Reporting Group J - Other $0.00 -194.3K 2.81M -6% $0
D 2024-09-11 2024-09-04 MRDN Milovanovic Aleksandar 10%, Member of 10% Reporting Group C - Cnv Deriv $0.00 -2.00M 805.7K -71% $0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Common Stock 2024-09-04 C A 1,000,000 $2.00 72,153,911 D — — (F2) Excludes shares of common stock relating to the voting group described below under "Remarks".
2 Derivative Deferred Cash Convertible Promissory Note 2024-07-01 J D 97,419 $0.00 2,902,581 D — · 2024-06-17 to 2025-12-17 145,291 Common Stock (F4) Represents the payment of a portion of the Convertible Note in cash by the Issuer. (F3) The Deferred Cash Convertible Promissory Note ("Convertible Note"), is convertible into shares of common stock of the Issuer, at any time, from time to time, at the option of the Reporting Person, based on a conversion price, determined at the option of the Reporting Person of either (A) (i) the average closing sales price of the Issuer's common stock on the Nasdaq market over the thirty trading day period ending on the trading day immediately preceding the date of the conversion notice; (ii) minus a discount of 15%; or (B) $3.00, subject to a floor of $2.00 per share (the "Conversion Price"). (F5) The maturity date of the Convertible Note is December 17, 2025.
3 Derivative Deferred Cash Convertible Promissory Note 2024-07-31 J D 96,910 $0.00 2,805,671 D — · 2024-06-17 to 2025-12-17 1,402,836 Common Stock (F4) Represents the payment of a portion of the Convertible Note in cash by the Issuer. (F3) The Deferred Cash Convertible Promissory Note ("Convertible Note"), is convertible into shares of common stock of the Issuer, at any time, from time to time, at the option of the Reporting Person, based on a conversion price, determined at the option of the Reporting Person of either (A) (i) the average closing sales price of the Issuer's common stock on the Nasdaq market over the thirty trading day period ending on the trading day immediately preceding the date of the conversion notice; (ii) minus a discount of 15%; or (B) $3.00, subject to a floor of $2.00 per share (the "Conversion Price"). (F5) The maturity date of the Convertible Note is December 17, 2025.
4 Derivative Deferred Cash Convertible Promissory Note 2024-09-04 C D 2,000,000 $0.00 805,671 D — · 2024-06-17 to 2025-12-17 402,836 Common Stock (F1) On September 4, 2024, the Reporting Person agreed to convert $2 million of the Deferred Cash Convertible Promissory Note into shares of common stock of the Company. (F3) The Deferred Cash Convertible Promissory Note ("Convertible Note"), is convertible into shares of common stock of the Issuer, at any time, from time to time, at the option of the Reporting Person, based on a conversion price, determined at the option of the Reporting Person of either (A) (i) the average closing sales price of the Issuer's common stock on the Nasdaq market over the thirty trading day period ending on the trading day immediately preceding the date of the conversion notice; (ii) minus a discount of 15%; or (B) $3.00, subject to a floor of $2.00 per share (the "Conversion Price"). (F5) The maturity date of the Convertible Note is December 17, 2025.