BURISH MARK D 4
4 · SONIC FOUNDRY INC · Filed May 29, 2019
Insider Transaction Report
Form 4
BURISH MARK D
Director
Transactions
- Conversion
9% Cumulative Voting Convertible Preferred Stock, Series A
2019-05-17$542.13/sh−2,080$1,127,630→ 0 total - Conversion
Common Stock
2019-05-17$4.23/sh+491,753$2,080,115→ 2,087,628 total
Footnotes (3)
- [F1]Each share of 9% Cumulative Voting Convertible Preferred Stock, Series A, are 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 2,080.12 shares of Series A Preferred Stock ($1,000,000 of Series A Preferred Stock acquired on May 17, 2018 and dividends accrued thereon) converting into 491,753 shares of common stock
- [F3]Securities owned include dividends accumulated as of the date of this filing.