Key facts
- This page summarizes William Kerby's Form 4 filing for NextPlay Technologies Inc..
- 7 reported transactions and 6 derivative rows are listed below.
- Accepted by SEC: 03 Sep 2021, 16:25.
William Kerby - 07 Apr 2021 Form 4 Insider Report for NextPlay Technologies Inc.
- Reporting relationship
- Co-Chief Executive Officer, Director
- Issuer ticker
- N/A
- Reported as of
- 07 Apr 2021
- Net transaction value
- +$380,889
- SEC form
- 4
- Accepted by SEC
- 03 Sep 2021, 16:25:17 UTC
- Next SEC filing
- 25 May 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Bill Kerby
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
William Kerby filed Form 4 for NextPlay Technologies Inc. on 03 Sep 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: +$380,889.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NXTP
transaction
Common Stock
Other
- Transaction value
- Shares
- -1,968,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 30 Jun 2021
- Ownership
- See footnote
- Footnotes
- F1, F2, F3
NXTP
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 670,872
- Date
- 07 Apr 2021
- Ownership
- Direct
NXTP
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 80,000
- Date
- 07 Apr 2021
- Ownership
- ThroughIn-Room Retail Systems, LLC
- Footnotes
- F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NXTP
transaction
Derivative
Stock Bonus Option
Award
- Transaction value
- $400,000
- Shares
- Change %
- Price
- Shares after
- $400,000
- Date
- 07 Apr 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 132,450
- Exercise price
- $3.02
- Footnotes
- F5, F6
NXTP
transaction
Derivative
Stock Bonus Option
Other
- Transaction value
- $100,000
- Shares
- Change %
- Price
- Shares after
- $250,000
- Date
- 07 Apr 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 33,112
- Exercise price
- $3.02
- Footnotes
- F6, F7
NXTP
transaction
Derivative
Stock Bonus Option
Other
- Transaction value
- $150,000
- Shares
- Change %
- Price
- Shares after
- $100,000
- Date
- 28 Apr 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 49,669
- Exercise price
- $3.02
- Footnotes
- F6, F7
NXTP
transaction
Derivative
Stock Bonus Option
Other
- Transaction value
- $150,000
- Shares
- Change %
- Price
- Shares after
- 0
- Date
- 16 May 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 49,669
- Exercise price
- $3.02
- Footnotes
- F6, F7
NXTP
transaction
Derivative
Convertible Promissory Note
Award
- Transaction value
- $430,889
- Shares
- Change %
- Price
- Shares after
- $430,889
- Date
- 30 Jun 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 142,678
- Exercise price
- $3.02
- Footnotes
- F8, F9
NXTP
transaction
Derivative
Convertible Promissory Note
Other
- Transaction value
- $50,000
- Shares
- Change %
- Price
- Shares after
- $380,889
- Date
- 30 Sep 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 16,556
- Exercise price
- $3.02
- Footnotes
- F8, F9, F10
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 10 footnotes
Footnote F1
The Reporting Person had the right to vote these shares held by IDS, Inc. ("IDS") pursuant to the terms of a May 18, 2021, Shareholder Voting and Representation Agreement between the Issuer, the Reporting Person and IDS (the "Voting Agreement"). Pursuant to the Voting Agreement, IDS provided Mr. Kerby the right to, and an irrevocable proxy to, vote all of the IDS Shares held by IDS at any meeting of stockholders of the Company and/or via any written consent of stockholders of the Company.
Footnote F2
Mr. Kerby's rights to vote the IDS Shares terminated automatically on June 30, 2021, upon the closing of the Company's acquisition of HotPlay Enterprise Limited.
Footnote F3
No shares were sold or transferred by Mr. Kerby and this section of the Form 4 only reports the termination of his prior voting rights under the Voting Agreement.
Footnote F4
The Reporting Person owns 100% of In-Room Retail Systems, LLC and is deemed to beneficially own the securities held by such entity.
Footnote F5
On April 7, 2021, the board of directors of the Issuer, awarded Mr. Kerby a discretionary bonus for fiscal 2021 of $400,000, which was payable in cash or shares of common stock, at Mr. Kerby's option, at a price of $3.02 per share, the closing sales price of the Company's common stock on the date the board of directors approved such bonus (the "Stock Bonus Option"). Exempt from Section 16(b) pursuant to Rule 16b-3.
Footnote F6
No expiration date.
Footnote F7
On April 7, 2021, April 28, 2021, and May 16, 2021, Mr. Kerby elected to receive cash in connection with the bonus of $100,000, $150,000, and $150,000, respectively, reducing and terminating the Stock Bonus Option.
Footnote F8
Acquired on April 8, 2021, in exchange for accrued Series A Preferred Stock dividends in the same amount. Convertible upon the closing of the Registrant's share exchange agreement with HotPlay Enterprise Limited and its stockholders (the "Exchange"), which closed on June 30, 2021. Accrues interest at the rate of 12% per annum, compounded monthly at the end of each calendar month. Convertible, at the option of the holder thereof at any time beginning 7 days after the closing of the Exchange, at $3.02 per share. Exempt from Section 16(b) pursuant to Rule 16b-3.
Footnote F9
Convertible Note matures on April 7, 2022.
Footnote F10
On August 30, 2021, a total of $50,000 of the Convertible Promissory Note was repaid by the Company in cash.