4//SEC Filing
Revolution Lighting Technologies, Inc. 4
Accession 0000905718-14-000372
CIK 0000917523operating
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 6:37 PM ET
Size
23.8 KB
Accession
0000905718-14-000372
Insider Transaction Report
Form 4
Basil Robert A. Jr.
Director10% Owner
Transactions
- Other
Series G Convertible Redeemable Preferred Stock, par $0.001
2014-06-30+5,404.31→ 5,404.31 total(indirect: By limited liability company)Exercise: $2.30→ Common Stock, par value $0.001 per share (2,349,700 underlying) - Other
Series G Convertible Redeemable Preferred Stock, par $0.001
2014-06-30+1,640.08→ 7,044.39 total(indirect: By limited liability company)Exercise: $2.30→ Common Stock, par value $0.001 per share (713,078 underlying) - Other
Series F Convertible Redeemable Preferred Stock, par $0.001
2014-06-30−5,000→ 0 total(indirect: By limited liability company)Exercise: $4.59→ Common Stock, par value $0.001 per share (1,089,776 underlying) - Other
Series G Convertible Redeemable Preferred Stock, par $0.001
2014-06-30+10,955.61→ 18,000 total(indirect: By limited liability company)Exercise: $2.30→ Common Stock, par value $0.001 per share (4,763,309 underlying)
Footnotes (7)
- [F1]As of June 30, 2014, RVL 1 LLC ("RVL") held directly 5,000 shares of Series F Senior Convertible Redeemable Preferred Stock (the "Series F Stock"). Pursuant to a reclassification exempt under Rule 16b-7, each share of Series F Stock, including the value of accrued but unpaid dividends and a redemption premium pursuant to Section 8(b) of the Certificate of Designations, Preferences and Rights of the Series F Stock, was reclassified into shares of Series G Senior Convertible Redeemable Preferred Stock (the "Series G Stock"). Accordingly, the 5,000 shares of Series F Stock held directly by RVL were exchanged for 5,404.31 shares of Series G Stock, each with a stated value of $1,000. As of June 30, 2014, Aston Capital, LLC ("Aston") held directly 12,595.69 shares of Series G stock.
- [F2]Aston is the managing member of RVL. Robert A. Basil, Jr. is an officer of RVL and a member and officer of Aston and may be deemed to beneficially own the securities of the Company held by RVL and Aston. Mr. Basil, Jr.'s interest in the securities reported herein is limited to the extent of his pecuniary interest, if any.
- [F3]As of June 30, 2014, immediately prior to the reclassification and exchange, the 5,000 shares of Series F Stock were convertible into 1,089,776 shares of common stock (the "Common Stock") at any time at the option of the holder, at a conversion price of $4.5881 per share and had no expiration date.
- [F4]As of June 30, 2014, immediately after the reclassification and exchange, RVL held 5,404.31 shares of Series G Stock. The 5,404.31 shares of Series G Stock are convertible into 2,349,700 shares of Common Stock at any time at the option of the holder, at a conversion price of $2.30 per share and have no expiration date.
- [F5]Represents shares issued to Aston in exchange for cancellation of debt plus interest in the amount of $1,640,085.35 owed to Aston by the issuer pursuant to a promissory note dated February 25, 2014. As of June 30, 2014, the 1,640.08 shares of Series G Stock are convertible into 713,078 shares of Common Stock at any time at the option of the holder, at a conversion price of $2.30 per share and have no expiration date.
- [F6]Represents shares issued to Aston in exchange for cancellation of debt plus interest in the amount of $10,955,609.09 owed to Aston by the issuer pursuant to a promissory note dated April 17, 2014. As of June 30, 2014, the 10,955.61 shares of Series G Stock are convertible into 4,763,309 shares of Common Stock at any time at the option of the holder, at a conversion price of $2.30 per share and have no expiration date.
- [F7]Following the exchanges described herein, the reporting person may be deemed to beneficially own an aggregate of 18,000 shares of Series G Stock.
Issuer
Revolution Lighting Technologies, Inc.
CIK 0000917523
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000917523
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 6:37 PM ET
- Size
- 23.8 KB