Home/Filings/4/0001013762-12-002307
4//SEC Filing

Siegfried Thomas A. 4

Accession 0001013762-12-002307

CIK 0001383006other

Filed

Dec 19, 7:00 PM ET

Accepted

Dec 20, 1:16 PM ET

Size

10.6 KB

Accession

0001013762-12-002307

Insider Transaction Report

Form 4
Period: 2012-12-12
Transactions
  • Award

    Non-Statutory Stock Option

    2012-12-06+5,000,0005,000,000 total
    Exercise: $0.03Exp: 2022-12-06Common, par value $.001 (5,000,000 underlying)
  • Award

    Common Stock Purchase Warrant

    2012-12-10+25,000,00025,000,000 total
    Exercise: $0.03From: 2012-12-10Exp: 2017-12-10Common, par value $.001 (25,000,000 underlying)
Holdings
  • 9% Convertible Promissory Note

    Exercise: $0.02Exp: 2013-07-01Common, par value $.001 (2,500,000 underlying)
    2,500,000
  • Common Stock, par value $.001

    (indirect: By Trust)
    62,794,048
Footnotes (3)
  • [F1]On December 10, 2012, Mr. Siegfried loaned the Evolucia Inc.(the "Company") $300,0000. In consideration for providing such loan, the Company issued Mr. Siegfried a common stock purchase warrant to acquire 25,000,000 shares of common stock.
  • [F2]In consideration for serving as a board member, Mr. Siegfried was granted an non-statutory stock option to acquire 5,000,000 shares of common stock of which 25% shall vest one year from the date of grant and 8.33% of such option shall vest during the nine quarters thereafter.
  • [F3]In June 2011, Mr. Siegfried acquired a 9% Convertible Promissory Note in the principal amount of $100,000 (the "Note"). In April 2012, Mr. Siegfried restructured the Note by extending the maturity date to July 1, 2013 and converted 50% of the principal amount of the Notes to common stock at $.02 per share which was the trading price of the shares on the conversion date. Further, the Company modified the terms of the remaining debt to allow conversion at $.02 per share and to increase the interest rate to 10% per annum.

Issuer

Evolucia Inc.

CIK 0001383006

Entity typeother

Related Parties

1
  • filerCIK 0001512489

Filing Metadata

Form type
4
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 1:16 PM ET
Size
10.6 KB