Thomas M. Grbelja - Dec 31, 2021 Form 4 Insider Report for Nestbuilder.com Corp. (REII)

Signature
Thomas Grbelja
Stock symbol
REII
Transactions as of
Dec 31, 2021
Transactions value $
$5,000
Form type
4
Date filed
1/11/2022, 07:15 PM
Previous filing
Jan 11, 2022
Next filing
Feb 11, 2022

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 Senior Convertible Promissory Note Award $5K $10K Dec 31, 2021 Common Stock 71.4K $0.07 Direct F1, F2
transaction REII Common Stock Purchase Warrant Award $0 +25K +100% $0.00 50K Dec 31, 2021 Common Stock 25K $0.10 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person has the right to convert the outstanding and unpaid principal amount of the Note, or any portion of such principal amount, and any accrued interest, into shares of common stock of the Issuer at a per share conversion price of $0.07, subject to a 4.99% beneficial ownership limitation which may be waived by the Reporting Person upon 61 days' prior notice to the Issuer.
F2 Excludes shares of common stock issuable at the election of the Reporting Person upon conversion of accrued interest (both past and future) into shares of common stock.
F3 The Reporting Person has the right to exercise the Common Stock Purchase Warrant to purchase shares of common stock of the Issuer, to the extent vested, in whole or in part, at any time or from time to time, between the date of issuance of the Warrant and December 31, 2022 at a cash exercise price equal to $0.10 per share, subject to a 4.99% beneficial ownership limitation which may be waived by the Reporting Person upon 61 days' prior notice to the Issuer.