4//SEC Filing
AMERICAN DG ENERGY INC 4
Accession 0001104659-16-151675
CIK 0001378706operating
Filed
Oct 23, 8:00 PM ET
Accepted
Oct 24, 4:40 PM ET
Size
9.9 KB
Accession
0001104659-16-151675
Insider Transaction Report
Form 4
Natsis Tryfon
10% Owner
Transactions
- Other
6% Senior Unsecured Debenture Due 2018
2016-09-30Exercise: $2.11From: 2016-09-27Exp: 2018-05-25→ Common Stock (2,020,728 underlying) - Other
6% Senior Unsecured Debenture Due 2018
2016-09-30Exercise: $2.11From: 2016-09-27Exp: 2018-05-25→ Common Stock (1,042,653 underlying)
Pantopoulou Despoina
10% Owner
Transactions
- Other
6% Senior Unsecured Debenture Due 2018
2016-09-30Exercise: $2.11From: 2016-09-27Exp: 2018-05-25→ Common Stock (2,020,728 underlying) - Other
6% Senior Unsecured Debenture Due 2018
2016-09-30Exercise: $2.11From: 2016-09-27Exp: 2018-05-25→ Common Stock (1,042,653 underlying)
Footnotes (4)
- [F1]The 6% senior unsecured debenture (the "Debenture") may be converted into shares of the Issuer's common stock at a conversion price of $2.20 per share, subject to adjustment in certain circumstances. In addition, the Issuer has the option to redeem the Debenture at 115% of the outstanding principal amount, along with any accrued but unpaid interest.
- [F2]The Reporting Persons exchanged an aggregate amount of $4,263,737 in principal and prepaid interest of the Debenture for an aggregate amount of 9,700,000 shares of common stock of EuroSite Power Inc. held by the Issuer at an exchange rate of $0.40 per share.
- [F3]The Debenture is jointly owned by Tryfon Natsis and his wife, Despoina Pantopoulou, as joint tenants with the right of survivorship.
- [F4]The Reporting Persons received payment in the aggregate amount of $2,200,000 from the Issuer in exchange, in part, for reducing the principal of the Debenture from $5,618,681 to $3,418,681.
Documents
Issuer
AMERICAN DG ENERGY INC
CIK 0001378706
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001378706
Filing Metadata
- Form type
- 4
- Filed
- Oct 23, 8:00 PM ET
- Accepted
- Oct 24, 4:40 PM ET
- Size
- 9.9 KB