Burish Andrew D. 4
4 · SONIC FOUNDRY INC · Filed Jun 12, 2018
Insider Transaction Report
Form 4
Burish Andrew D.
10% Owner
Transactions
- Conversion
9% Cumulative Voting Convertible Preferred Stock, Series A
2018-06-08$910.00/sh−242$220,220→ 0 total - Conversion
Common Stock
2018-06-08$4.23/sh+57,258$242,201→ 749,816 total
Holdings
- 30,000(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Each share of 9% Cumulative Voting Convertible Preferred Stock, Series A ("Series A Preferred Stock"), is convertible into that number of shares of common stock determined by dividing $4.23 into the liquidation amount of $1,000 per share
- [F2]Represents 242.2 shares of Series A Preferred Stock ($200,000 of Series A Preferred Stock acquired on June 8, 2017 and dividends accrued thereon) converting into 57,258 shares of common stock