YOU ON DEMAND HOLDINGS, INC. 4
4 · YOU ON DEMAND HOLDINGS, INC. · Filed Feb 4, 2014
Insider Transaction Report
Form 4
MCMAHON SHANE
DirectorChief Executive Officer10% Owner
Transactions
- Purchase
Series E Preferred Stock
2014-01-31+933,333→ 933,333 total→ Common Stock (933,333 underlying) - Sale
Series A Preferred Stock
2014-01-31−7,000,000→ 0 total→ Common Stock (933,333 underlying)
Footnotes (4)
- [F1]Shares of the Issuer's Series E Preferred Stock convert into shares of Common Stock on a one-to-one basis, subject to adjustment pursuant to that certain Certificate of Designation of Series E Convertible Preferred Stock, filed with the Secretary of State of Nevada on January 31, 2014.
- [F2]Each share of the Issuer's Series A Preferrred Stock is convertible into 10 shares of Common Stock (and thereafter adjusted to reflect the Issuer's February 9, 2012 1-for-75 reverse stock split, resulting in 2/15 shares of Common Stock per share of Series A Preferred Stock ).
- [F3]Shares of the Issuer's Series A Preferred Stock and the Issuer's Series E Preferred Stock are convertible into shares of Common Stock, at any time, at the option of the holder.
- [F4]The terms of an Exchange Agreement by and among Shane McMahon, the Issuer and C Media Limited ("C Media"), dated as of January 31, 2014, require C Media to exchange 933,333 shares of Series E Preferred Stock for 7,000,000 shares of Series A Preferred Stock held by Shane McMahon upon full consummation of the transactions described therein.