Hydra Industries Acquisition Corp.'s Chief Executive Officer just picked up 1,091,303 shares

Luke Lyon Alvarez, Hydra Industries Acquisition Corp.'s Chief Executive Officer and a director of the company, recently acquired 1,091,303 shares of the company. The buys took place at prices ranging from $0.00 to $10.00 per share, on dates ranging from December 29 to December 30, 2016. Alvarez now owns 1,091,303 shares of the company. Alvarez operates out of New York, NY. Some additional info was provided as follows:

Grant of restricted stock pursuant to the Inspired Entertainment, Inc. 2016 Long-Term Incentive Plan. Purchase pursuant to compensation arrangements in which Mr. Alvarez agreed to use 50% of his cash bonus to subscribe for shares of common stock at a price of $10.00 per share.

The above information was disclosed in a filin g to the SEC. To see the filing, click here.

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