4//SEC Filing
Fengate Trident LP 4
Accession 0000899243-19-026668
CIK 0001421907other
Filed
Nov 4, 7:00 PM ET
Accepted
Nov 5, 3:16 PM ET
Size
15.5 KB
Accession
0000899243-19-026668
Insider Transaction Report
Form 4
Fengate Trident GP Inc.
10% Owner
Transactions
- Other
Convertible Promissory Note due May 31, 2020
2018-05-16$1500000.00/shExercise: $0.60From: 2018-05-16Exp: 2020-05-31→ Common Stock (2,500,000 underlying) - Other
Convertible Promissory Note due May 31, 2020
2018-11-30$3400780.00/shExercise: $0.43From: 2018-11-30Exp: 2020-05-31→ Common Stock (11,088,800 underlying) - Other
Convertible Promissory Note due May 31, 2020
2019-04-12$2804187.00/shExercise: $0.33From: 2019-04-12Exp: 2020-05-31→ Common Stock (12,089,425 underlying)
Fengate Capital Management Ltd.
10% Owner
Transactions
- Other
Convertible Promissory Note due May 31, 2020
2019-04-12$2804187.00/shExercise: $0.33From: 2019-04-12Exp: 2020-05-31→ Common Stock (12,089,425 underlying) - Other
Convertible Promissory Note due May 31, 2020
2018-05-16$1500000.00/shExercise: $0.60From: 2018-05-16Exp: 2020-05-31→ Common Stock (2,500,000 underlying) - Other
Convertible Promissory Note due May 31, 2020
2018-11-30$3400780.00/shExercise: $0.43From: 2018-11-30Exp: 2020-05-31→ Common Stock (11,088,800 underlying)
Fengate Trident LP
10% Owner
Transactions
- Other
Convertible Promissory Note due May 31, 2020
2019-04-12$2804187.00/shExercise: $0.33From: 2019-04-12Exp: 2020-05-31→ Common Stock (12,089,425 underlying) - Other
Convertible Promissory Note due May 31, 2020
2018-11-30$3400780.00/shExercise: $0.43From: 2018-11-30Exp: 2020-05-31→ Common Stock (11,088,800 underlying) - Other
Convertible Promissory Note due May 31, 2020
2018-05-16$1500000.00/shExercise: $0.60From: 2018-05-16Exp: 2020-05-31→ Common Stock (2,500,000 underlying)
Footnotes (4)
- [F1]Acquisition pursuant to a Convertible Promissory Note in the total amount of US$10,000,000 due May 31, 2020, earning interest at a rate of 8%, and convertible at any time at a conversion price equal to $0.60.
- [F2]Acquisition pursuant to a Convertible Promissory Note in the total amount of US$10,000,000 due May 31, 2020, earning interest at a rate of 12%, and convertible at any time at a conversion price equal to the average closing price of the Common Stock for the 10 Trading Days immediate prior to the applicable Conversion Date, less 25%.
- [F3]The Convertible Promissory Note is subject to accrual of interest such that the number of shares will increase over time.
- [F4]Fengate Trident LP is a private investment limited partnership that may be deemed the direct beneficial owner of the securities referred to herein. Fengate Capital Management Ltd. is the investment manager to and Fengate Trident GP, Inc. is the general partner of Fengate Trident LP. Each of the Reporting Persons disclaims beneficial ownership of the securities referred to herein except to the extent of their pecuniary interest therein.
Documents
Issuer
Trident Brands Inc
CIK 0001421907
Entity typeother
IncorporatedOntario, Canada
Related Parties
1- filerCIK 0001705644
Filing Metadata
- Form type
- 4
- Filed
- Nov 4, 7:00 PM ET
- Accepted
- Nov 5, 3:16 PM ET
- Size
- 15.5 KB