X0306 4 2016-12-31 0 0001388486 Spotlight Innovation Inc. STLT 0001691129 K4 Enterprises, LLC 11147 AURORA AVENUE BUILDING 3 URBANDALE IA 50322 0 0 1 0 Common Stock 2016-12-31 4 C 0 3333333 A 9368685 D Common Stock 2016-12-31 4 C 0 1897896 A 11266581 D Common Stock 2016-12-31 4 C 0 388726 A 11655307 D Convertible Note 2016-12-31 2016-12-31 4 P 0 388726 A 2016-12-31 Common Stock 388726 388726 D Common Stock Purchase Warrant 1.2 2016-12-31 2016-12-31 4 P 0 425000 1.2 A 2016-12-31 2018-12-31 Common Stock 425000 425000 D 8% Convertible Note 2016-12-31 4 C 0 3333333 D 2015-12-31 Common Stock 3333333 0 D Convertible Note 2016-12-31 4 C 0 1897896 D 2016-12-19 Common Stock 1897896 0 D Convertible Note 2016-12-31 4 C 0 388726 D 2016-12-31 Common Stock 388726 0 D $2,500,000 principal amount convertible promissory note, bearing interest at a rate of eight percent per annum, was originally issued on December 31, 2015 and subsequently amended and restated pursuant to that certain Forbearance and Refinancing Agreement dated October 18, 2016 (the "Refinanced Noted"). The Refinanced Note is convertible based on a conversion price of $0.75, as described in the Refinanced Note. The Maturity Date as defined in the Refinanced Note is December 31, 2021. $830,000 principal amount convertible promissory note (the Note). The Note bears interest at the rate of six percent per annum, and is convertible into shares of common stock of the Company at a price equal to Seventy Percent (70%) of the average closing bid price of the common stock of the Company during the six months immediately prior to such conversion, ending on December 30, 2016. That six month average was $0.624 per share, and the conversion price (70%) was $0.437 per share, for a total of 1,897,896. $170,000 principal amount convertible promissory note (the "Note"). The Note bears interest at a rate of six percent per annum, and is convertible into shares of common stock of the Company at a price equal to Seventy Percent (70%) of the average closing bid price of the common stock of the Company during the six months immediately prior to such conversion, ending on December 30, 2016. That six month average was $0.624 per share, and the conversion price (70%) was $0.437 per share, for a total of 388,726 shares. /s/ John Krohn, K4 Enterprises, LLC 2017-01-04