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4//SEC Filing

Global Defense & National Security Systems, Inc. 4

Accession 0001144204-15-066480

CIK 0001583513operating

Filed

Nov 16, 7:00 PM ET

Accepted

Nov 17, 4:45 PM ET

Size

6.5 KB

Accession

0001144204-15-066480

Insider Transaction Report

Form 4
Period: 2015-11-13
Perl Andrew Damian
Director10% Owner
Transactions
  • Purchase

    Convertible Promissory Note

    2015-11-13$10.63/sh+66,928$711,44566,928 total(indirect: See Footnote)
    Exercise: $10.63Exp: 2015-11-24Common Stock (66,928 underlying)
Footnotes (3)
  • [F1]Following the consummation of the Issuer's initial Business Combination (as defined in the Issuer's Amended and Restated Certificate of Incorporation), the convertible promissory note shall be convertible at the option of the holder at the greater of (1) $10.00 per share and (2) the 30-day trailing average of the closing price per share. The information in this table is based on an assumed conversion price of $10.63.
  • [F2]The convertible promissory note only becomes convertible, at the election of Global Defense & National Security Holdings LLC, immediately following the consummation of the Issuer's initial Business Combination.
  • [F3]The convertible promissory note is held by Global Defense & National Security Holdings LLC, a limited liability company indirectly controlled by Mr. Perl.

Issuer

Global Defense & National Security Systems, Inc.

CIK 0001583513

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001583513

Filing Metadata

Form type
4
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 4:45 PM ET
Size
6.5 KB