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4//SEC Filing

risinger paul r 4

Accession 0001010549-13-000172

CIK 0000830741other

Filed

Mar 24, 8:00 PM ET

Accepted

Mar 25, 1:01 PM ET

Size

12.8 KB

Accession

0001010549-13-000172

Insider Transaction Report

Form 4
Period: 2013-02-18
risinger paul r
DirectorChief Executive Officer
Transactions
  • Other

    Warrant

    2013-02-26
    Exercise: $500.00From: 2013-02-26Exp: 2013-02-26Series E Preferred
  • Other

    Warrant

    2012-09-19+100,000100,000 total(indirect: See footnote)
    Exercise: $1.00From: 2012-09-19Exp: 2017-01-30Common (100,000 underlying)
  • Other

    Common Stock

    2012-12-31+200,0001,308,425,941 total(indirect: See footnote)
  • Other

    Series D Preferred

    2013-02-18+500,000500,000 total
    From: 2013-02-18Common (500,000 underlying)
Footnotes (4)
  • [F1]Paul R. Risinger may be deemed to beneficially own shares issued to, and issuable upon exercise of a warrant issued to Lily Group Holdings, Inc., in connection with the purchase of certain debt obligations of VHGI Holdings, Inc. ("VHGI").
  • [F2]Though Mr. Risinger may be deemed to beneficially own this number of shares as the result of conversion or other rights to acquire disclosed herein, VHGI currently has authorized only 250,000,000 shares of Common Stock.
  • [F3]Mr. Risinger acquired 500,000 shares of the Series D Convertible Preferred Stock ("Series D Preferred") of VHGI in exchange for the assignment of $3,000,000 in principal under a note made in favor of Mr. Risinger by a wholly-owned subsidiary of VHGI. Each share of Series D Preferred is convertible, at the holder's option, into 1,000 shares of VHGI's common stock.
  • [F4]Mr. Risinger acquired warrants to purchase shares of the Series E Convertible Preferred Stock ("Series E Preferred") of VHGI in connection with the guaranty of certain loan obligations. Each share of Series E Preferred is convertible, at the holder's option, into 100,000 shares of VHGI's common stock.

Issuer

VHGI HOLDINGS, INC.

CIK 0000830741

Entity typeother

Related Parties

1
  • filerCIK 0001558680

Filing Metadata

Form type
4
Filed
Mar 24, 8:00 PM ET
Accepted
Mar 25, 1:01 PM ET
Size
12.8 KB