Sec Form 4 Filing - Beedie Investments Ltd @ Accelerize Inc. - 2019-06-18

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Beedie Investments Ltd
2. Issuer Name and Ticker or Trading Symbol
Accelerize Inc. [ ACLZ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
1730-1111 WEST GEORGIA STREET
3. Date of Earliest Transaction (MM/DD/YY)
06/18/2019
(Street)
VANCOUVER, A1V6E 4M3
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock Purchase Warrant $ 0.15 06/18/2019 J( 2 ) 7,935,000 03/02/2019 01/25/2024 Common Stock 7,935,000 ( 2 ) 0 D ( 1 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Beedie Investments Ltd
1730-1111 WEST GEORGIA STREET
VANCOUVER, A1V6E 4M3
X
Beedie OYII Holdings Ltd.
1730-1111 WEST GEORGIA STREET
VANCOUVER, A1V6E 4M3
X
Beedie Holdings Ltd.
1730-1111 WEST GEORGIA STREET
VANCOUVER, A1V6E 4M3
X
Ryan Beedie Family Trust III
1730-1111 WEST GEORGIA STREET
VANCOUVER, A1V6E 4M3
X
4358 Investments Ltd
1730-1111 WEST GEORGIA STREET
VANCOUVER, A1V6E 4M3
X
Beedie Ryan
1730-1111 WEST GEORGIA STREET
VANCOUVER, A1V6E 4M3
X
Signatures
/s/ Ryan Beedie, President 06/20/2019
Signature of Reporting Person Date
/s/ Ryan Beedie, President 06/20/2019
Signature of Reporting Person Date
/s/ Ryan Beedie, President 06/20/2019
Signature of Reporting Person Date
/s/ Ryan Beedie, President 06/20/2019
Signature of Reporting Person Date
/s/ Ryan Beedie, President 06/20/2019
Signature of Reporting Person Date
/s/ Ryan Beedie 06/20/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Prior to the cancellation of the Warrants on June 18, 2019, as explained below, Beedie Investments Limited ("BIL") directly owned warrants to purchase 7,935,000 shares of Common Stock of the Issuer. This Form 4 is being jointly filed by Beedie Investments Limited, a British Columbia, Canada corporation; which is 100% owned by Beedie OYII Holdings Limited, a British Columbia, Canada corporation; which is 100% owned by Beedie Holdings Limited, a British Columbia, Canada corporation; which is 100% owned by Ryan Beedie Family Trust III; 4358 Investments Limited, which is the trustee and has full control over Ryan Beedie Family Trust III; and Ryan Beedie, an individual Canadian citizen who is the trustee and sole beneficiary of the Ryan Beedie Family Trust III. All of the Reporting Persons are affiliated entities with same contact information. See Continuation of Form 4 on page 3.
( 2 )In connection with a loan (the "Loan") for up to $7,000,000 by BIL to the Issuer, made pursuant to a credit agreement between BIL and the Issuer (the "Credit Agreement", as amended), and as partial consideration for entering into six amendments to the Credit Agreement, Issuer granted to BIL 7,935,000 immediately exercisable warrants at an exercise price of $0.15 per share (the "Warrants"). In connection with the Seventh Amendment to the Credit Agreement, the parties agreed that upon repayment of the Loan, the Warrants would be cancelled. The Loan was repaid, and the Warrants were cancelled for no additional consideration, on June 18, 2019.

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