4//SEC Filing
Boomerang Systems, Inc. 4
Accession 0001144204-14-065069
CIK 0000314712operating
Filed
Nov 3, 7:00 PM ET
Accepted
Nov 4, 6:21 PM ET
Size
10.9 KB
Accession
0001144204-14-065069
Insider Transaction Report
Form 4
Mulvihill Christopher
President10% Owner
Transactions
- Tax Payment
Common Stock
2014-10-31$2.15/sh+678,324$1,458,397→ 1,105,347 total - Tax Payment
Convertible Note
2014-10-31→ 0 totalExercise: $3.95From: 2011-11-01Exp: 2016-11-01→ Convertible Note - Tax Payment
Warrants (right to buy)
2014-10-31−367,542→ 0 totalExercise: $3.95From: 2011-11-01Exp: 2016-11-01→ Common Stock (367,342 underlying)
Holdings
- 20,000(indirect: By Great Delaware and American)
Common Stock
Footnotes (2)
- [F1]The shares were issued pursuant to the Issuer's exchange offer in which each holder of first tranche units consisting of (a) $100,000 principal amount of 6% Convertible Promissory Notes due November 1, 2016, November 18, 2016 and December 9, 2016 and (b) warrants to purchase 25,317 shares of common stock of the Issuer expiring on November 1, 2016, November 18, 2016 and December 9, 2016, respectively, or a pro-rata portion thereof (after giving effect to anti-dilution adjustments to the initial exercise price of $4.25 per share) were tendered by the holder in exchange for the issuance of shares of common stock for the settlement of the balance of the note (principal and interest) at $2.15 per share. The issuance of the shares was registered pursuant to a Tender Offer Statement on Schedule TO, as amended, filed by the Issuer with the SEC.
- [F2]Gives effect to anti-dilution adjustments to the initial exercise price of $4.25 per share.
Documents
Issuer
Boomerang Systems, Inc.
CIK 0000314712
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000314712
Filing Metadata
- Form type
- 4
- Filed
- Nov 3, 7:00 PM ET
- Accepted
- Nov 4, 6:21 PM ET
- Size
- 10.9 KB