Alex Aliksanyan - Feb 4, 2022 Form 4/A - Amendment Insider Report for Nestbuilder.com Corp. (REII)

Role: CEO, Director
Signature: Alex Aliksanyan
Stock symbol: REII
Transactions as of: Feb 4, 2022
Transactions value $: $25,438
Form type: 4/A - Amendment
Date filed: 2/11/2022, 10:42 AM
Date Of Original Report: Feb 9, 2022
Previous filing: Jan 11, 2022
Next filing: Feb 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	REII	Common Stock	Award	$25.4K	+275K	+294.68%	$0.09^*	368K	Feb 4, 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	REII	Common Stock Purchase Warrant	Award		+2.53M			2.53M	Feb 4, 2022	Common Stock	2.53M	$0.09	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The grant of both the restricted Common Stock and the Common Stock Purchase Warrant was made in consideration of services to be rendered by the Reporting Person to the Issuer. The restricted Common Stock vests over eight equal quarterly installments, subject to acceleration as set forth in a Restricted Stock Award Agreement. The Common Stock Purchase Warrant vests and becomes exercisable as follows: 1/4 of the underlying shares vest one year from the issue date, and, thereafter, 1/12 of the remaining underlying shares vest on a monthly basis, subject to acceleration as set forth in the Common Stock Purchase Warrant.
F2	The Common Stock Purchase Warrant is exercisable by the Reporting Person, to the extent vested, for a period of five years from the date of issuance, into shares of common stock of the Issuer, subject to a 9.99% beneficial ownership limitation, at an exercise price of $0.0925 per share or by a cashless exercise according to the formula set forth in the Warrant.

Content

The grant of both the restricted Common Stock and the Common Stock Purchase Warrant was made in consideration of services to be rendered by the Reporting Person to the Issuer. The restricted Common Stock vests over eight equal quarterly installments, subject to acceleration as set forth in a Restricted Stock Award Agreement. The Common Stock Purchase Warrant vests and becomes exercisable as follows: 1/4 of the underlying shares vest one year from the issue date, and, thereafter, 1/12 of the remaining underlying shares vest on a monthly basis, subject to acceleration as set forth in the Common Stock Purchase Warrant.

The Common Stock Purchase Warrant is exercisable by the Reporting Person, to the extent vested, for a period of five years from the date of issuance, into shares of common stock of the Issuer, subject to a 9.99% beneficial ownership limitation, at an exercise price of $0.0925 per share or by a cashless exercise according to the formula set forth in the Warrant.