Diligent Board Member Services, Inc. 4
4 · Diligent Board Member Services, Inc. · Filed Mar 7, 2014
Insider Transaction Report
Form 4
Liptak David
10% Owner
Transactions
- Conversion
Series A Preferred Stock
2014-03-05−1,777,904→ 20,000,000 total(indirect: Through Spring Street Partners, L.P.)→ Common Stock (1,777,904 underlying) - Conversion
Common Stock
2014-03-05+1,777,904→ 5,950,307 total(indirect: Through Spring Street Partners, L. P.)
Footnotes (2)
- [F1]The shares of Series A Preferred Stock are convertible at any time on a one-for-one basis, subject to certain anti-dilution adjustments, and have no expiration date.
- [F2]The Reporting Person received the shares of common stock upon conversion of the Series A Preferred Stock.