4//SEC Filing
Allen Daniel 4
Accession 0001104659-19-029041
CIK 0001506439other
Filed
May 12, 8:00 PM ET
Accepted
May 13, 6:55 PM ET
Size
12.9 KB
Accession
0001104659-19-029041
Insider Transaction Report
Form 4
Allen Daniel
Director
Transactions
- Conversion
common stock
2019-05-09+1,241,635→ 1,241,635 total(indirect: By LLC) - Conversion
5% Convertible Promissory Note
2019-05-09−0→ 0 total(indirect: By LLC)From: 2018-03-28Exp: 2023-03-28→ Common Stock (1,241,635 underlying)
Holdings
- 2,515
common stock
- 519,304(indirect: By LLC)
common stock
Corona Investment Partners, LLC
10% Owner
Transactions
- Conversion
common stock
2019-05-09+1,241,635→ 1,241,635 total(indirect: By LLC) - Conversion
5% Convertible Promissory Note
2019-05-09−0→ 0 total(indirect: By LLC)From: 2018-03-28Exp: 2023-03-28→ Common Stock (1,241,635 underlying)
Holdings
- 2,515
common stock
- 519,304(indirect: By LLC)
common stock
SHSP Holdings, LLC
10% Owner
Transactions
- Conversion
common stock
2019-05-09+1,241,635→ 1,241,635 total(indirect: By LLC) - Conversion
5% Convertible Promissory Note
2019-05-09−0→ 0 total(indirect: By LLC)From: 2018-03-28Exp: 2023-03-28→ Common Stock (1,241,635 underlying)
Holdings
- 2,515
common stock
- 519,304(indirect: By LLC)
common stock
Footnotes (4)
- [F1]Acquired directly from SharpSpring, Inc. (the "Registrant") for service as a director of the Registrant.
- [F2]The reported securities are owned directly by Evercel Holdings LLC. Daniel Allen ("Allen") is the manager of Corona Park Investment Partners, LLC ("CPIP") and CPIP has shared dispositive power over the securities held by Evercel Holdings LLC. Allen and CPIP disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein.
- [F3]The 5% convertible promissory note in the principal amount of $8,000,000 (the "Note") was originally convertible for 1,066,667 shares of common stock at an effective conversion price of $7.50 per share. Pursuant to a Note Conversion Agreement entered into between the Registrant, Evercel Holdings LLC and SHSP Holdings, LLC on May 9, 2019, the parties thereto agreed to convert the Note into 1,241,635 shares of common stock.
- [F4]The reported securities are owned directly by SHSP Holdings, LLC. Allen is the manager of CPIP and CPIP has sole voting and dispositive power over the securities held by SHSP Holdings, LLC. Allen and CPIP disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein.
Documents
Issuer
SharpSpring, Inc.
CIK 0001506439
Entity typeother
Related Parties
1- filerCIK 0001736605
Filing Metadata
- Form type
- 4
- Filed
- May 12, 8:00 PM ET
- Accepted
- May 13, 6:55 PM ET
- Size
- 12.9 KB