0001437749-21-021701.txt : 20210908 0001437749-21-021701.hdr.sgml : 20210908 20210908170431 ACCESSION NUMBER: 0001437749-21-021701 CONFORMED SUBMISSION TYPE: 144 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20210908 DATE AS OF CHANGE: 20210908 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Net Element, Inc. CENTRAL INDEX KEY: 0001499961 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 901025599 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 144 SEC ACT: 1933 Act SEC FILE NUMBER: 001-34887 FILM NUMBER: 211242802 BUSINESS ADDRESS: STREET 1: 3363 NE 163RD STREET STREET 2: SUITE 705 CITY: NORTH MIAMI BEACH STATE: FL ZIP: 33160 BUSINESS PHONE: (305) 507-8808 MAIL ADDRESS: STREET 1: 3363 NE 163RD STREET STREET 2: SUITE 705 CITY: NORTH MIAMI BEACH STATE: FL ZIP: 33160 FORMER COMPANY: FORMER CONFORMED NAME: Net Element International, Inc. DATE OF NAME CHANGE: 20121002 FORMER COMPANY: FORMER CONFORMED NAME: Cazador Acquisition Corp Ltd. DATE OF NAME CHANGE: 20100825 REPORTING-OWNER: COMPANY DATA: COMPANY CONFORMED NAME: Wolberg Steven CENTRAL INDEX KEY: 0001475838 RELATIONSHIP: OFFICER FILING VALUES: FORM TYPE: 144 MAIL ADDRESS: STREET 1: 3363 NE 163RD STREET STREET 2: #705 CITY: NORTH MIAMI BEACH STATE: FL ZIP: 33160 144 1 wolb20210908_144.htm FORM 144 wolb20210908_144.htm

 

UNITED STATES

OMB APPROVAL

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB Number:         3235-0101

Expires:             June 30, 2020

Estimated  average  burden

hours per response ........... 1.00

 

SEC USE OILY

FORM 144

DOCUMENT SEQUENCE NO.

 

NOTICE OF PROPOSED SALE OF SECURITIES

PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933

CUSIP NUMBER

 

 

WORK LOCATION

 

ATTENTION:

Transmit for filing 3 copies of this form concurrently with either placing an order with a broker to execute sale or executing a sale directly with a market maker

 

 

1 (a) NAME OF ISSUER (Please type or print)

(b) IRS IDENT. NO.

(c) S.E.C. FILE NO.

 

 

 Net Element, Inc.

90-1025599

001-34887 

 

 

1 (d) ADDRESS OF ISSUER

STREET

CITY

STATE

ZIP CODE

(e) TELEPHONE NO.

 

 

 

 

 

AREA CODE

NUMBER

 3363 NE 163rd Street, Suite 606

 North Miami Beach

 FL

33160 

305 

507-8808 

2 (a) NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD

 

(b) RELATIONSHIP TO ISSUER

(c) ADDRESS STREET

CITY

STATE

ZIP CODE

 Steven Wolberg

 

Chief Legal Officer 

 c/o 3363 NE 163rd Street, Suite 606

 North Miami Beach

 FL

33160 

 

INSTRUCTION:  The person filing this notice should contact the issuer to obtain the I.R.S. Identification Number and the S.E.C. File Number.

 

3 (a)

(b)

SEC USE ONLY

(c)

(d)

(e)

(f)

(g)

Title of the

Class of

Securities

To Be Sold

 

Name and Address of Each Broker Through Whom the

Securities are to be Offered or Each Market Maker

who is Acquiring the Securities

 

Broker-Dealer

File Number

Number of Shares

or Other Units

To Be Sold

(See instr. 3(c))

Aggregate

Market

Value

(See instr. 3(d))

Number of Shares

or Other Units

Outstanding

(See instr. 3(e))

Approximate

Date of Sale

(See instr. 3(f))

(MO.  DAY  YR.)

Name of Each

Securities

Exchange

(See instr. 3(g))

Common Stock

Network I Financial Securities

75 Jackson Avenue, Suite 100

Syosset, NY 11791

 

12,287 $119,798.25 5,404,287 9/9/2021

NASDAQ 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INSTRUCTIONS:

1.

(a)  Name of issuer

3.

(a) Title of the class of securities to be sold

 

(b)  Issuer’s I.R.S. Identification Number

 

(b)  Name and address of each broker through whom the securities are intended to be sold

 

(c)  Issuer’s S.E.C. file number, if any

 

(c)  Number of shares or other units to be sold (if debt securities, give the aggregate face amount)

 

(d)  Issuer’s address, including zip code

 

(d)  Aggregate market value of the securities to be sold as of a specified date within 10 days prior to the filing of this notice

 

(e)  Issuer’s telephone number, including area code

 

(e)  Number of shares or other units of the class outstanding, or if debt securities the face amount thereof outstanding, as shown by the most recent report or statement published by the issuer

2.

(a)  Name of person for whose account the securities are to be sold

 

(f)  Approximate date on which the securities are to be sold

 

(b)  Such person’s relationship to the issuer (e.g., officer, director, 10% stockholder, or member of immediate family of any of the foregoing)

 

(g)  Name of each securities exchange, if any, on which the securities are intended to be sold

 

(c)  Such person’s address, including zip code

 

  

 

Potential  persons  who  are  to  respond  to  the  collection  of  information  contained  in  this  form  are  not

required  to  respond  unless  the  form  displays  a  currently  valid  OMB  control  number. 

 

 

 

 

TABLE I - SECURITIES TO BE SOLD

Furnish the following information with respect to the acquisition of the securities to be sold

and with respect to the payment of all or any part of the purchase price or other consideration therefor:

 

Title of

the Class

Date you Acquired

Nature of Acquisition Transaction

Name of Person from Whom Acquired

(If gift, also give date donor acquired)

Amount of

Securities Acquired

Date of Payment

Nature of Payment

 Common Stock

12/1/2020 Stock Award

 Net Element, Inc.

12,287 12/1/2020 Award

 

INSTRUCTIONS:  If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

 


TABLE II - SECURITIES SOLD DURING THE PAST 3 MONTHS

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

 

 

Name and Address of Seller

Title of Securities Sold

Date of Sale

Amount of

Securities Sold

Gross Proceeds

Steven Wolberg

3363 NE 163rd Street, Suite 606                                                       

North Miami Beach, FL 33160

Common Stock

9/1/2021

500

$5,500

Steven Wolberg

3363 NE 163rd Street, Suite 606                                                       

North Miami Beach, FL 33160

Common Stock

8/31/2021

85,688

$1,052,917.01

Steven Wolberg

3363 NE 163rd Street, Suite 606                                                       

North Miami Beach, FL 33160

Common Stock

8/30/2021

400

$4,142

Steven Wolberg

3363 NE 163rd Street, Suite 606                                                       

North Miami Beach, FL 33160

Common Stock

8/27/2021

300

$3,090

Steven Wolberg

3363 NE 163rd Street, Suite 606                                                       

North Miami Beach, FL 33160

Common Stock

8/26/2021

500

$5,330

Steven Wolberg

3363 NE 163rd Street, Suite 606                                                       

North Miami Beach, FL 33160

Common Stock

8/25/2021

4,000

$44,137.20

Steven Wolberg

3363 NE 163rd Street, Suite 606                                                       

North Miami Beach, FL 33160

Common Stock

8/24/2021

41,919

$469,408.96

Steven Wolberg

3363 NE 163rd Street, Suite 606                                                       

North Miami Beach, FL 33160

Common Stock

8/23/2021

43,581

$468,469.60

Steven Wolberg

3363 NE 163rd Street, Suite 606                                                       

North Miami Beach, FL 33160

Common Stock

8/20/2021

1,500

$15,259.95

 

 

 

REMARKS:

 

INSTRUCTIONS:

See the definition of “person” in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

 

ATTENTION:  The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

 

 

 

9/8/2021

 

 

 /s/ Steven Wolberg

 

 DATE OF NOTICE

 

  

(SIGNATURE)

 

DATE OF PLAN ADOPTION OR GIVING OF INSTRUCTION,

IF RELYING ON RULE 10B5-1

 

 

 

The notice shall be signed by the person for whose account the securities are to be sold. At least one copy of the notice shall be manually signed. Any copies not manually signed shall bear typed or printed signatures.

 

 

ATTENTION:  Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)