Earnings Feed
Start Free
Home/Filings/4/0001136261-12-000426
4//SEC Filing

LORSCH ROBERT H 4

Accession 0001136261-12-000426

CIK 0001285701other
View on SEC.govCompany Profile

Filed

Jul 30, 8:00 PM ET

Accepted

Jul 31, 9:53 PM ET

Size

10.1 KB

Accession

0001136261-12-000426

Insider Transaction Report

Form 4
Period: 2012-07-30
MMRGlobal, Inc.MMRF
RHL Group, Inc.
10% Owner
Transactions
  • Purchase

    Promissory Note with Conversion Feature

    2012-07-30$0.02/sh+25,000,000$500,000→ 40,727,828 total
    Exercise: $0.02From: 2012-07-30→ Common Stock (25,000,000 underlying)
  • Purchase

    Warrant to purchase Common Stock

    2012-07-30$0.02/sh+3,055,432$61,109→ 43,783,260 total
    Exercise: $0.02From: 2012-07-31Exp: 2017-07-31→ Common Stock (3,055,432 underlying)
LORSCH ROBERT H
DirectorChairman, CEO & President10% Owner
Transactions
  • Purchase

    Promissory Note with Conversion Feature

    2012-07-30$0.02/sh+25,000,000$500,000→ 40,727,828 total
    Exercise: $0.02From: 2012-07-30→ Common Stock (25,000,000 underlying)
  • Purchase

    Warrant to purchase Common Stock

    2012-07-30$0.02/sh+3,055,432$61,109→ 43,783,260 total
    Exercise: $0.02From: 2012-07-31Exp: 2017-07-31→ Common Stock (3,055,432 underlying)
Footnotes (3)
  • [F1]This warrant was issued in consideration for The RHL Group providing guarantees totaling $763,858 in connection with the renewal of convertible notes dated 9/21/2010, 4/15/2011, 7/19/2011, 7/26/2010, and 12/1/2010. The warrant was fully vested as of 07/31/2012.
  • [F2]Mr. Lorsch is the Chief Executive Officer of The RHL Group and has a 100% ownership interest in The RHL Group. Therefore, Mr. Lorsch may be deemed to be the beneficial owner of the Issuer Common Stock beneficially held by The RHL Group. Mr. Lorsch has full voting and dispositive power over such shares of Issuer Common Stock held directly by The RHL Group.
  • [F3]Conversion Rights granted as part of the Seventh Amended and Restated Secured Promissory Note dated July 30, 2012, which provides The RHL Group with the right to convert up to $500,000 of the outstanding and unpaid principal and accrued interest, if any, at the time of conversion. The conversion right is valid until the Promissory Note and any future amendments are paid in full.

Documents

1 file

Issuer

MMRGlobal, Inc.

CIK 0001285701

→
Entity typeother

Related Parties

1
  • filerCIK 0001035698

Filing Metadata

Form type
4
Filed
Jul 30, 8:00 PM ET
Accepted
Jul 31, 9:53 PM ET
Size
10.1 KB
View on SEC.gov