4//SEC Filing
Masters Kenneth M. 4
Accession 0000899243-17-026668
CIK 0001122063other
Filed
Nov 15, 7:00 PM ET
Accepted
Nov 16, 7:58 PM ET
Size
17.3 KB
Accession
0000899243-17-026668
Insider Transaction Report
Form 4
Lateral Global Investors LLC
10% Owner
Transactions
- Other
Warrant (right to buy)
2017-11-03+20,000→ 2,482,565 total(indirect: Held by Lateral U.S. Credit Opportunities Fund, L.P.)Exercise: $10.00→ Common Stock (20,000 underlying) - Other
Warrant (right to buy)
2017-10-17+140,000→ 2,462,565 total(indirect: Held by Lateral U.S. Credit Opportunities Fund, L.P.)Exercise: $10.00→ Common Stock (140,000 underlying)
Transactions
- Other
Warrant (right to buy)
2017-11-03+20,000→ 2,482,565 total(indirect: Held by Lateral U.S. Credit Opportunities Fund, L.P.)Exercise: $10.00→ Common Stock (20,000 underlying) - Other
Warrant (right to buy)
2017-10-17+140,000→ 2,462,565 total(indirect: Held by Lateral U.S. Credit Opportunities Fund, L.P.)Exercise: $10.00→ Common Stock (140,000 underlying)
Feeney Patrick James
10% Owner
Transactions
- Other
Warrant (right to buy)
2017-11-03+20,000→ 2,482,565 total(indirect: Held by Lateral U.S. Credit Opportunities Fund, L.P.)Exercise: $10.00→ Common Stock (20,000 underlying) - Other
Warrant (right to buy)
2017-10-17+140,000→ 2,462,565 total(indirect: Held by Lateral U.S. Credit Opportunities Fund, L.P.)Exercise: $10.00→ Common Stock (140,000 underlying)
Masters Kenneth M.
10% Owner
Transactions
- Other
Warrant (right to buy)
2017-10-17+140,000→ 2,462,565 total(indirect: Held by Lateral U.S. Credit Opportunities Fund, L.P.)Exercise: $10.00→ Common Stock (140,000 underlying) - Other
Warrant (right to buy)
2017-11-03+20,000→ 2,482,565 total(indirect: Held by Lateral U.S. Credit Opportunities Fund, L.P.)Exercise: $10.00→ Common Stock (20,000 underlying)
de Silva Richard
10% Owner
Transactions
- Other
Warrant (right to buy)
2017-10-17+140,000→ 2,462,565 total(indirect: Held by Lateral U.S. Credit Opportunities Fund, L.P.)Exercise: $10.00→ Common Stock (140,000 underlying) - Other
Warrant (right to buy)
2017-11-03+20,000→ 2,482,565 total(indirect: Held by Lateral U.S. Credit Opportunities Fund, L.P.)Exercise: $10.00→ Common Stock (20,000 underlying)
Lateral Credit Opportunities, LLC
10% Owner
Transactions
- Other
Warrant (right to buy)
2017-11-03+20,000→ 2,482,565 total(indirect: Held by Lateral U.S. Credit Opportunities Fund, L.P.)Exercise: $10.00→ Common Stock (20,000 underlying) - Other
Warrant (right to buy)
2017-10-17+140,000→ 2,462,565 total(indirect: Held by Lateral U.S. Credit Opportunities Fund, L.P.)Exercise: $10.00→ Common Stock (140,000 underlying)
Footnotes (2)
- [F1]On October 17, 2017, the reporting persons named herein (the "Reporting Persons") obtained the contractual right to acquire warrants to purchase 140,000 shares of the Issuer's Common Stock and as a result became the beneficial owner in the aggregate of 2,462,565 shares of the Issuer's Common Stock in connection with the lending arrangement described in the Issuer's Form 8-K filed on November 3, 2015. On November 3, 2017, the Reporting Persons obtained another contractual right to acquire warrants to purchase 20,000 shares of the Issuer's Common Stock and as a result became the beneficial owner in the aggregate of 2,482,565 shares of the Issuer's Common Stock in connection with the lending arrangement described in the Issuer's Form 8-K filed on November 3, 2015. As of the date of this filing, the warrants described here have yet to be issued.
- [F2]Following the transactions described in Footnote 1, the right to receive the warrants reported herein is held by Lateral U.S. Credit Opportunities Fund, L.P. Lateral Investment Management, LLC has a management agreement with Lateral U.S. Credit Opportunities Fund, L.P.; Lateral Credit Opportunities, LLC is the sole general partner of Lateral U.S. Credit Opportunities Fund, L.P.; and Dhamitha Richard de Silva, Patrick Feeney and Kenneth Masters are the sole managers of Lateral Credit Opportunities, LLC. As a result of the foregoing relationships, each of Lateral Investment Management, LLC; Lateral Credit Opportunities, LLC; Dhamitha Richard de Silva, Patrick Feeney and Kenneth Masters may be deemed to beneficially own the shares of Common Stock held by Lateral U.S. Credit Opportunities Fund, L.P.
Documents
Issuer
FTE Networks, Inc.
CIK 0001122063
Entity typeother
Related Parties
1- filerCIK 0001665251
Filing Metadata
- Form type
- 4
- Filed
- Nov 15, 7:00 PM ET
- Accepted
- Nov 16, 7:58 PM ET
- Size
- 17.3 KB