Earnings Feed
Start Free
Home/Filings/4/0001140361-14-012140
4//SEC Filing

CIG WIRELESS CORP. 4

Accession 0001140361-14-012140

CIK 0001432754operating
View on SEC.govCompany Profile

Filed

Mar 10, 8:00 PM ET

Accepted

Mar 11, 4:44 PM ET

Size

22.1 KB

Accession

0001140361-14-012140

Insider Transaction Report

Form 4
Period: 2014-03-07
CIG WIRELESS CORP.CIGW
Camellia Partners, LLC
10% Owner
Transactions
  • Other

    Series A-1 Non-Convertible Preferred Stock

    2014-03-07+3,900→ 457,230.54 total(indirect: See Footnotes)
  • Purchase

    Series A-2 Convertible Preferred Stock

    2014-03-07+3,230,442→ 38,876,068 total(indirect: See Footnotes)
    Exercise: $1.00From: 2014-03-07→ Common Stock (3,230,443 underlying)
  • Other

    Series A-2 Convertible Preferred Stock

    2014-03-07+394,276→ 39,672,940 total(indirect: See Footnotes)
    Exercise: $1.00From: 2014-03-07→ Common Stock (394,276 underlying)
  • Purchase

    Series A-1 Non-Convertible Preferred Stock

    2014-03-07$100.00/sh+30,000$3,000,000→ 453,330.54 total(indirect: See Footnotes)
  • Other

    Series A-2 Convertible Preferred Stock

    2014-03-07+402,596→ 39,278,664 total(indirect: See Footnotes)
    Exercise: $1.00From: 2014-03-07→ Common Stock (402,596 underlying)
TANNENBAUM JEFFREY
10% Owner
Transactions
  • Purchase

    Series A-1 Non-Convertible Preferred Stock

    2014-03-07$100.00/sh+30,000$3,000,000→ 453,330.54 total(indirect: See Footnotes)
  • Other

    Series A-1 Non-Convertible Preferred Stock

    2014-03-07+3,900→ 457,230.54 total(indirect: See Footnotes)
  • Other

    Series A-2 Convertible Preferred Stock

    2014-03-07+402,596→ 39,278,664 total(indirect: See Footnotes)
    Exercise: $1.00From: 2014-03-07→ Common Stock (402,596 underlying)
  • Other

    Series A-2 Convertible Preferred Stock

    2014-03-07+394,276→ 39,672,940 total(indirect: See Footnotes)
    Exercise: $1.00From: 2014-03-07→ Common Stock (394,276 underlying)
  • Purchase

    Series A-2 Convertible Preferred Stock

    2014-03-07+3,230,442→ 38,876,068 total(indirect: See Footnotes)
    Exercise: $1.00From: 2014-03-07→ Common Stock (3,230,443 underlying)
FIR TREE INC
10% Owner
Transactions
  • Purchase

    Series A-2 Convertible Preferred Stock

    2014-03-07+3,230,442→ 38,876,068 total(indirect: See Footnotes)
    Exercise: $1.00From: 2014-03-07→ Common Stock (3,230,443 underlying)
  • Other

    Series A-2 Convertible Preferred Stock

    2014-03-07+394,276→ 39,672,940 total(indirect: See Footnotes)
    Exercise: $1.00From: 2014-03-07→ Common Stock (394,276 underlying)
  • Other

    Series A-1 Non-Convertible Preferred Stock

    2014-03-07+3,900→ 457,230.54 total(indirect: See Footnotes)
  • Other

    Series A-2 Convertible Preferred Stock

    2014-03-07+402,596→ 39,278,664 total(indirect: See Footnotes)
    Exercise: $1.00From: 2014-03-07→ Common Stock (402,596 underlying)
  • Purchase

    Series A-1 Non-Convertible Preferred Stock

    2014-03-07$100.00/sh+30,000$3,000,000→ 453,330.54 total(indirect: See Footnotes)
Fredman Andrew
10% Owner
Transactions
  • Purchase

    Series A-2 Convertible Preferred Stock

    2014-03-07+3,230,442→ 38,876,068 total(indirect: See Footnotes)
    Exercise: $1.00From: 2014-03-07→ Common Stock (3,230,443 underlying)
  • Other

    Series A-2 Convertible Preferred Stock

    2014-03-07+402,596→ 39,278,664 total(indirect: See Footnotes)
    Exercise: $1.00From: 2014-03-07→ Common Stock (402,596 underlying)
  • Purchase

    Series A-1 Non-Convertible Preferred Stock

    2014-03-07$100.00/sh+30,000$3,000,000→ 453,330.54 total(indirect: See Footnotes)
  • Other

    Series A-1 Non-Convertible Preferred Stock

    2014-03-07+3,900→ 457,230.54 total(indirect: See Footnotes)
  • Other

    Series A-2 Convertible Preferred Stock

    2014-03-07+394,276→ 39,672,940 total(indirect: See Footnotes)
    Exercise: $1.00From: 2014-03-07→ Common Stock (394,276 underlying)
Footnotes (7)
  • [F1]The filing of this Form 4 shall not be construed as an admission that Camellia Partners, LLC, Fir Tree, Inc., Jeffrey Tannenbaum or Andrew Fredman (collectively, the "Reporting Persons") is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owner of any of the shares of Common Stock, par value $0.00001 per share (the "Common Stock"), Series A-1 Non-Convertible Preferred Stock, par value $0.00001 per share (the "Series A-1 Preferred Stock"), or Series A-2 Convertible Preferred Stock, par value $0.00001 per share (the "Series A-2 Preferred Stock"), of CIG Wireless Corp. (the "Issuer") owned by Fir Tree Capital Opportunity (LN) Master Fund, L.P., a Cayman Islands exempted limited partnership ("Fir Tree Capital") or Fir Tree REF III Tower LLC, a Delaware limited liability company ("Fir Tree REF III"). Pursuant to Rule 16a-1, the Reporting Persons disclaim such beneficial ownership.
  • [F2]Camellia Partners, LLC, the general partner of Fir Tree Capital, Fir Tree, Inc. and Fir Tree REF III, hold indirectly the Series A-1 Preferred Stock and Series A-2 Preferred Stock through the account of Fir Tree Capital and Fir Tree REF III, respectively; Jeffrey Tannenbaum, a principal of Camellia Partners, LLC and the principal of Fir Tree, Inc., and Andrew Fredman, a principal of Camellia Partners, LLC , at the time of the transaction, controlled the disposition and voting of the Series A-1 Preferred Stock and Series A-2 Preferred Stock. Camellia Partners, LLC receives performance-based allocation and Fir Tree, Inc. receives an asset-based fee from Fir Tree Capital and Fir Tree REF III.
  • [F3]On March 7, 2014, the Issuer issued to each of Fir Tree Capital and Fir Tree REF III 1,950 shares of Series A-1 Preferred Stock and 201,298 shares of Series A-2 Preferred Stock in connection with the satisfaction of an indemnification claim.
  • [F4]The shares of Series A-2 Preferred Stock are currently convertible on a 1-for-1 basis into shares of Common Stock.
  • [F5]There is no expiration date with respect to the Series A-2 Preferred Stock; however, the Series A-2 Preferred Stock may be redeemed at the option of the holder upon certain events, as set forth in the Certificate of Designations of the Series A-1 Preferred Stock and the Series A-2 Preferred Stock.
  • [F6]On March 7, 2014, in connection with the purchase of 30,000 shares of Series A-1 Preferred Stock, Fir Tree Capital and Fir Tree REF III were issued an aggregate of 3,230,442 shares of Series A-2 Preferred Stock pursuant to the terms of the Securities Purchase Agreement, dated August 1, 2013, by and among the Issuer, Fir Tree Capital and Fir Tree REF III.
  • [F7]On March 7, 2014, the Issuer issued to each of Fir Tree Capital and Fir Tree REF III 197,138 shares of Series A-2 Preferred Stock solely for the purpose of correcting mathematical errors in the calculations for certain prior issuances of Series A-2 Preferred Stock to each of Fir Tree Capital and Fir Tree REF III.

Documents

1 file

Issuer

CIG WIRELESS CORP.

CIK 0001432754

→
Entity typeoperating
IncorporatedNY

Related Parties

1
  • filerCIK 0001432754

Filing Metadata

Form type
4
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 4:44 PM ET
Size
22.1 KB
View on SEC.gov