4/A//SEC Filing
Nantahala Capital Management, LLC 4/A
Accession 0001104659-22-080228
CIK 0000941685other
Filed
Jul 14, 8:00 PM ET
Accepted
Jul 15, 4:33 PM ET
Size
10.5 KB
Accession
0001104659-22-080228
Insider Transaction Report
Form 4/AAmended
Mack Daniel
10% Owner
Transactions
- Other
Series D Convertible Preferred Stock
2022-06-03$1000.00/sh−2,600$2,600,000→ 13,274 total(indirect: See Footnote)Exercise: $0.06→ Common Stock (44,596,910 underlying)
Nantahala Capital Management, LLC
10% Owner
Transactions
- Other
Series D Convertible Preferred Stock
2022-06-03$1000.00/sh−2,600$2,600,000→ 13,274 total(indirect: See Footnote)Exercise: $0.06→ Common Stock (44,596,910 underlying)
Harkey Wilmot B.
10% Owner
Transactions
- Other
Series D Convertible Preferred Stock
2022-06-03$1000.00/sh−2,600$2,600,000→ 13,274 total(indirect: See Footnote)Exercise: $0.06→ Common Stock (44,596,910 underlying)
Footnotes (3)
- [F1]Series D Convertible Preferred Stock ("Series D Preferred Stock") is convertible to Common Stock at the option of the holder at any time following three months from the acquisition date, or at the option of ImageWare upon the satisfaction of certain conditions. Series D Preferred Stock does not expire but is subject to certain redemption rights.
- [F2]The Series D Convertible Redeemable Preferred Stock is being exchanged for additional term loans under the Loan and Security Agreement dated December 29, 2021, as amended June 3, 2022, as further described in the 8-K filed by ImageWare on June 8, 2022.
- [F3]Nantahala Capital Management, LLC ("NCM"), as investment adviser to certain private funds and managed accounts that hold the ImageWare Systems, Inc. ("ImageWare") common stock ("Common Stock"), Series C Preferred Stock, and Series D Preferred Stock disclosed in this Form 4, may be deemed a beneficial owner of such securities. Each of Mr. Wilmot B Harkey and Mr. Daniel Mack may be deemed a beneficial owner of Common Stock, Series C Preferred Stock, and Series D Preferred Stock beneficially owned by NCM. Each of NCM, Mr. Harkey and Mr. Mack disclaims beneficial ownership of the ImageWare securities disclosed herein except to the extent of their respective pecuniary interests therein.
Documents
Issuer
IMAGEWARE SYSTEMS INC
CIK 0000941685
Entity typeother
IncorporatedMA
Related Parties
1- filerCIK 0001472322
Filing Metadata
- Form type
- 4/A
- Filed
- Jul 14, 8:00 PM ET
- Accepted
- Jul 15, 4:33 PM ET
- Size
- 10.5 KB