4/A//SEC Filing
Zyman Sergio 4/A
Accession 0001144204-12-035261
CIK 0001271075other
Filed
Jun 17, 8:00 PM ET
Accepted
Jun 18, 4:26 PM ET
Size
20.1 KB
Accession
0001144204-12-035261
Insider Transaction Report
Form 4/AAmended
Zyman Sergio
DirectorExecutive Chairman
Transactions
- Conversion
Common Stock
2012-06-08+2,500,000→ 2,500,000 total(indirect: By Sergio Zyman & Co.) - Conversion
Series A Convertible Preferred Stock
2012-06-08−500,000→ 0 total(indirect: By Sergio Zyman & Co.)→ Common Stock (2,500,000 underlying) - Award
Restricted Stock Units
2012-06-08+2,500,000→ 2,500,000 total→ Common Stock (2,500,000 underlying)
Footnotes (3)
- [F1]Each share of Series A automatically converted into five shares of the issuer's common stock when the issuer effectuated a reverse stock split (which occurred on June 8, 2012). The Series A expired at the time of conversion. The Series A were purchased in issuer's private placement offering for $500,000.
- [F2]These securities were inadvertently included on the reporting person's prior ownership reports as shares of common stock. The issuer's board of directors issued the reporting person restricted stock units in connection with the reporting person's appointment as a director, contingent upon the issuer effectuating the reverse stock split. The only shares of common stock held by the reporting person are reported on the first line of Table I.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units vest in 24 equal monthly increments beginning July 8, 2012.
Issuer
Upstream Worldwide, Inc.
CIK 0001271075
Entity typeother
Related Parties
1- filerCIK 0001541244
Filing Metadata
- Form type
- 4/A
- Filed
- Jun 17, 8:00 PM ET
- Accepted
- Jun 18, 4:26 PM ET
- Size
- 20.1 KB