4Licensing Corp 4

4 · 4Licensing Corp · Filed Apr 6, 2015

Form 4

Period: 2015-02-03

Director

Transactions

Exercise of In-Money
Nonstatutory Stock Option (right to buy)
2015-04-02−12,189→ 187,811 total
Exercise: $0.26Exp: 2023-02-27→ Common Stock (12,189 underlying)
Sale
Common Stock
2015-04-02$0.80/sh−12,189$9,751→ 37,200 total
Purchase
Common Stock Warrants (right to buy)
2015-03-04+52,418→ 52,418 total(indirect: See Footnote)
Exercise: $0.73From: 2015-03-04Exp: 2024-03-25→ Common Stock (52,418 underlying)
Exercise of In-Money
Common Stock
2015-04-02$0.26/sh+12,189$3,169→ 49,389 total
Purchase
Common Stock Warrants (right to buy)
2015-02-03+77,708→ 77,708 total(indirect: See Footnote)
Exercise: $0.65From: 2015-02-03Exp: 2024-03-25→ Common Stock (77,708 underlying)

Holdings

Footnotes (5)

[F1]Represents 617,100 shares held and or managed by Cleveland Capital Management L.L.C. ("Cleveland Capital"). The Reporting Person is a managing director in Cleveland Capital and may have a pecuniary interest in the shares. The Reporting Person disclaims beneficial ownership of any shares of common stock in which he does not have a pecuniary interest.
[F2]The option vested in three equal installments on February 27, 2013, 2014 and 2015.
[F3]Represents a warrant to purchase 77,708 shares of Issuer's common stock that was acquired in connection with a transaction by the Issuer that triggered anti-dilution rights previously granted to Cleveland Capital, L.P. No separate consideration was paid by Cleveland Capital, L.P. for the warrant.
[F4]The warrant is held by Cleveland Capital, L.P. The general partner of Cleveland Capital, L.P. is Cleveland Capital. The reporting person is a member of Cleveland Capital and may have a pecuniary interest in the warrant and the shares underlying the warrant. The Reporting Person disclaims beneficial ownership of the warrant and any shares underlying the warrant in which he does not have a pecuniary interest.
[F5]Represents a warrant to purchase 52,418 shares of Issuer's common stock that was acquired in connection with a transaction by the Issuer that triggered anti-dilution rights previously granted to Cleveland Capital, L.P. No separate consideration was paid by Cleveland Capital, L.P. for the warrant.

Documents

1 file