4//SEC Filing
AMERICAN POWER GROUP Corp 4
Accession 0001144204-15-062284
CIK 0000932699operating
Filed
Nov 1, 7:00 PM ET
Accepted
Nov 2, 6:03 PM ET
Size
9.1 KB
Accession
0001144204-15-062284
Insider Transaction Report
Form 4
Weston Jamie
Director
Transactions
- Purchase
Series C Convertible Preferred Stock
2015-10-26+51.932→ 51.932 total(indirect: See Footnote)Exercise: $0.20From: 2015-10-21→ Common Stock (2,596,575 underlying) - Purchase
Common Stock Warrants (right to buy)
2015-10-26+2,596,575→ 2,596,575 total(indirect: See Footnote)Exercise: $0.20From: 2015-10-21Exp: 2020-10-21→ Common Stock (2,596,575 underlying)
Footnotes (2)
- [F1]On October 21, 2015, upon the filing by the Issuer of a Certificate of Designation of Preferences, Rights and Limitations of Series C Convertible Preferred Stock with the Secretary of State of Delaware, the Issuer's Subordinated Contingent Convertible Promissory Notes (the "Notes"), together with all accrued but unpaid interest thereon, automatically converted into 51.932 shares of the Issuer's Series C Convertible Preferred Stock (the "Series C Preferred Stock") at a conversion price of $10,000 per share. Series C Preferred Stock has no expiration date and is convertible into common stock at the holder's election. Pursuant to the terms of the Notes, upon the conversion of the Notes and in addition to the delivery of Series C Preferred Stock, the Issuer delivered to purchase 2,596,575 shares of common stock warrants to the holders.
- [F2]Mr. Weston is a partner in SMC EP and pursuant to Rule 16a-1 of the Securities Exchange Act of 1934, as amended, he may be deemed to be the beneficial owner of any securities reported herein that are beneficially owned by SMC EP. Mr. Weston disclaims beneficial ownership with respect to any securities except to the extent of his pecuniary interest therein.
Documents
Issuer
AMERICAN POWER GROUP Corp
CIK 0000932699
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000932699
Filing Metadata
- Form type
- 4
- Filed
- Nov 1, 7:00 PM ET
- Accepted
- Nov 2, 6:03 PM ET
- Size
- 9.1 KB