4//SEC Filing
SpendSmart Payments Co 4
Accession 0001144204-14-014709
CIK 0001062273operating
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 8:35 AM ET
Size
8.9 KB
Accession
0001144204-14-014709
Insider Transaction Report
Form 4
Proto Joseph
Director
Transactions
- Purchase
Series C Convertible Preferred Stock
2014-03-06+55,533→ 55,533 total(indirect: See Footnote)Exercise: $0.75From: 2014-03-06→ Common Stock (222,132 underlying) - Purchase
Common Stock Purchase Warrants
2014-03-06+222,132→ 0 total(indirect: See Footnote)Exercise: $1.10From: 2014-03-06Exp: 2019-03-06→ Common Stock (222,132 underlying)
Footnotes (2)
- [F1]The securities will be convertible immediately into common stock (initially at a conversion price of $0.75 per share) at any time without expiration as determined by dividing the Stated Value of the Series C Convertible Preferred Stock by the then applicable conversion price. The Reporting Person paid an aggregate of $3.00 for a unit consisting of one share of Series C Convertible Preferred Stock and a common stock purchase warrant to purchase four shares of the Company's common stock.
- [F2]The amounts shown represent the beneficial ownership or the issuer's securities by Windham-BMP Investment I, LLC which may be deemed attributable to Mr. Proto because Mr. Proto is a general partner of Windham. Mr. Proto disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.
Documents
Issuer
SpendSmart Payments Co
CIK 0001062273
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001062273
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 8:35 AM ET
- Size
- 8.9 KB