4//SEC Filing
MERISEL INC /DE/ 4
Accession 0001140361-13-016980
CIK 0000724941operating
Filed
Apr 21, 8:00 PM ET
Accepted
Apr 22, 4:11 PM ET
Size
9.0 KB
Accession
0001140361-13-016980
Insider Transaction Report
Form 4
MERISEL INC /DE/MSEL.PK
Saints Capital Granite, LLC
10% Owner
Transactions
- Conversion
Convertible Notes
2013-04-18−1,750,000→ 2,500,000 total(indirect: See Footnote)Exercise: $0.10From: 2015-03-31Exp: 2015-08-31→ Common Stock (17,500,000 underlying) - Conversion
Common Stock
2013-04-18$0.10/sh+17,500,000$1,750,000→ 22,500,000 total(indirect: See Footnote)
Holdings
- 178,103(indirect: See Footnote)
Preferred Stock
Footnotes (4)
- [F1]The shares and convertible notes are held by Saints Capital Granite, L.P. (the "Fund"). Saints Capital Granite, LLC ("SCGLLC") is the general partner of the Fund. SCGLLC disclaims beneficial ownership of these securities except to the extent of its pecuniary interest, if any, in such securities.
- [F2]Represents $1,750,000 principal amount of 10% Convertible Notes due 2015 (the "Convertible Notes").
- [F3]The Convertible Notes were issued at face value, with no discount or premium.
- [F4]Represents $2,500,000 principal amount of Convertible Notes at a conversion price of $0.10 per share. Does not include approximately $190,000 of capitalized interest as of March 31, 2013.
Documents
Issuer
MERISEL INC /DE/
CIK 0000724941
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000724941
Filing Metadata
- Form type
- 4
- Filed
- Apr 21, 8:00 PM ET
- Accepted
- Apr 22, 4:11 PM ET
- Size
- 9.0 KB