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NDVN nDivision Inc (PK)

0.0104
0.00 (0.00%)
29 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
nDivision Inc (PK) USOTC:NDVN OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0104 0.0046 0.0103 0.00 01:00:00

Initial Statement of Beneficial Ownership (3)

22/09/2020 4:56pm

Edgar (US Regulatory)


FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Sorgen Rodney Lane
2. Date of Event Requiring Statement (MM/DD/YYYY)
8/4/2020 

3. Issuer Name and Ticker or Trading Symbol

nDivision Inc. [NDVN]
(Last)        (First)        (Middle)

7301 N. STATE HIGHWAY 161
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
Chief Revenue Officer /
(Street)

DALLAS, TX 75039      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Common Stock Option 9/1/2021 (1)8/11/2030 Common Stock 2000000 $0.344 D  
Common Stock Option 8/27/2020 8/27/2030 Common Stock 200000 $0.35 D  

Explanation of Responses:
(1) The common stock options shall vest over a period of five years; 400,000 of the options shall vest on the 12 month anniversary of employee's employment with the company, and the remaining 1,600,000 options shall vest at a rate of 1/48th per month for the subsequent 48 months.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Sorgen Rodney Lane
7301 N. STATE HIGHWAY 161
DALLAS, TX 75039


Chief Revenue Officer

Signatures
Lane Sorgen9/22/2020
**Signature of Reporting PersonDate

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