Major owner of Net Element International just picked up 471,388 shares

Oleg Firer, a major owner of Net Element International and Net Element International's Chief Executive Officer and a director of the company, recently acquired 471,388 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on October 03, 2017. Firer now owns 2,049,341 shares of the company. Firer operates out of North Miami Beach,, FL. Some additional info was provided as follows:

Net Element, Inc. (the "Company") awarded to Oleg Firer, Chief Executive Officer of the Company, 471,388 restricted shares of Common Stock of the Company as a performance bonus. Such award is not pursuant to the Company's 2013 Equity Incentive Plan (as amended). Such award was subject to and contingent upon th e Company's stockholders' approval, which approval was obtained on October 3, 2017. Oleg Firer is a managing member of Star Equities, LLC. Mr. Firer disclaims beneficial ownership of the securities held by Star Equities, LLC except to the extent of his pecuniary interest in such securities.

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

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Other recent filings from the company include the following:

Securities to be offered to employees in employee benefit plans - Dec. 3, 2018
Departure of Directors or Certain - Nov. 29, 2018

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