4//SEC Filing
KEIPER WILLIAM 4
Accession 0001140361-11-021987
CIK 0000727634other
Filed
Apr 12, 8:00 PM ET
Accepted
Apr 13, 6:24 PM ET
Size
7.6 KB
Accession
0001140361-11-021987
Insider Transaction Report
Form 4
KEIPER WILLIAM
Other
Transactions
- Purchase
Series C Participating Convertible Preferred Stock
2011-03-31$1.00/sh+668$668→ 668 total(indirect: See Footnote)Exercise: $0.02→ Common Stock (29,669 underlying)
Footnotes (4)
- [F1]Each share of Series C Participating Convertible Preferred Stock of Communication Intelligence Corp. (the "Issuer"), par value $0.01 per share (the "Series C Preferred Stock"), is convertible at any time, at the holder's election, into shares of Common Stock at a conversion price of $0.0225 per share, subject to adjustment for stock dividends, splits, combinations and similar events. Each Share of Series C Participating Convertible Preferred Stock is entitled to a 10% Dividend payable in cash or in kind.
- [F2]Each share of Series C Preferred Stock shall automatically convert into shares of Common Stock at the then applicable conversion rate upon the written consent of the holders of a majority of the then outstanding shares of Series C Preferred Stock.
- [F3]The 668 shares of Series C Preferred Stock issued to FirstGlobal Partners LLC ("FirstGlobal Partners") on March 31, 2011 were issued as payment of quarterly dividends on shares of Series C Preferred Stock held by FirstGlobal Partners. These shares were issued to FirstGlobal Partners in lieu of payment of cash dividends on the shares of Series C Preferred Stock held by FirstGlobal Partners. Shares of Series C Preferred Stock are convertible at any time, at the holder's election, into shares of Common Stock at a conversion price of $0.0225 per share, subject to adjustment for stock dividends, splits, combinations and similar events. The 668 shares of Series C Preferred Stock issued to FirstGlobal Partners on March 31, 2011 are initially convertible into 29,688 shares of Common Stock.
- [F4]The securities acquired by FirstGlobal Partners and may be deemed to be indirectly beneficially owned by Mr. Keiper, the managing member of FirstGlobal Partners. This filing shall not be deemed as an admission by Mr. Keiper that Mr. Keiper is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this statement. Mr. Keiper disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interest, if any, therein.
Documents
Issuer
COMMUNICATION INTELLIGENCE CORP
CIK 0000727634
Entity typeother
Related Parties
1- filerCIK 0001204410
Filing Metadata
- Form type
- 4
- Filed
- Apr 12, 8:00 PM ET
- Accepted
- Apr 13, 6:24 PM ET
- Size
- 7.6 KB