Thomas M. Grbelja - May 5, 2022 Form 4 Insider Report for Nestbuilder.com Corp. (REII)

Role
CFO, Director
Signature
Thomas M. Grbelja
Stock symbol
REII
Transactions as of
May 5, 2022
Transactions value $
$1,000
Form type
4
Date filed
5/11/2022, 11:49 AM
Previous filing
Feb 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction REII Common Stock Conversion of derivative security $1K +50K +11.57% $0.02* 482K May 5, 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 Conversion of derivative security -50K -100% 0 May 5, 2022 Common Stock 50K $0.02 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Common Stock was issued to the Reporting Person upon exercise of a Common Stock Purchase Warrant dated December 10, 2020, as amended by a Note Conversion and Warrant Amendment Agreement dated February 7, 2022.
F2 The Common Stock Purchase Warrant was issued along with a Senior Convertible Promissory Note in the principal amount of up to $10,000 pursuant to a Securities Purchase Agreement dated December 10, 2020.