Spring Mountain Capital, LLC 4
Accession 0001144204-19-037352
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 10:22 AM ET
Size
23.3 KB
Accession
0001144204-19-037352
Insider Transaction Report
- Other
Series C Convertible Voting Perpetual Preferred Stock
2019-07-31−404.3→ 3,020.37 total→ Common Stock (40,430 underlying) - Other
Series B Convertible Voting Perpetual Preferred Stock
2019-07-31−476.25→ 8,704.44 total→ Common Stock (47,625 underlying)
- Other
Series C Convertible Voting Perpetual Preferred Stock
2019-07-31−404.3→ 3,020.37 total→ Common Stock (40,430 underlying) - Other
Series B Convertible Voting Perpetual Preferred Stock
2019-07-31−476.25→ 8,704.44 total→ Common Stock (47,625 underlying)
- Other
Series C Convertible Voting Perpetual Preferred Stock
2019-07-31−404.3→ 3,020.37 total→ Common Stock (40,430 underlying) - Other
Series B Convertible Voting Perpetual Preferred Stock
2019-07-31−476.25→ 8,704.44 total→ Common Stock (47,625 underlying)
- Other
Series B Convertible Voting Perpetual Preferred Stock
2019-07-31−476.25→ 8,704.44 total→ Common Stock (47,625 underlying) - Other
Series C Convertible Voting Perpetual Preferred Stock
2019-07-31−404.3→ 3,020.37 total→ Common Stock (40,430 underlying)
- Other
Series B Convertible Voting Perpetual Preferred Stock
2019-07-31−476.25→ 8,704.44 total→ Common Stock (47,625 underlying) - Other
Series C Convertible Voting Perpetual Preferred Stock
2019-07-31−404.3→ 3,020.37 total→ Common Stock (40,430 underlying)
- Other
Series C Convertible Voting Perpetual Preferred Stock
2019-07-31−404.3→ 3,020.37 total→ Common Stock (40,430 underlying) - Other
Series B Convertible Voting Perpetual Preferred Stock
2019-07-31−476.25→ 8,704.44 total→ Common Stock (47,625 underlying)
- Other
Series B Convertible Voting Perpetual Preferred Stock
2019-07-31−476.25→ 8,704.44 total→ Common Stock (47,625 underlying) - Other
Series C Convertible Voting Perpetual Preferred Stock
2019-07-31−404.3→ 3,020.37 total→ Common Stock (40,430 underlying)
- Other
Series B Convertible Voting Perpetual Preferred Stock
2019-07-31−476.25→ 8,704.44 total→ Common Stock (47,625 underlying) - Other
Series C Convertible Voting Perpetual Preferred Stock
2019-07-31−404.3→ 3,020.37 total→ Common Stock (40,430 underlying)
- Other
Series C Convertible Voting Perpetual Preferred Stock
2019-07-31−404.3→ 3,020.37 total→ Common Stock (40,430 underlying) - Other
Series B Convertible Voting Perpetual Preferred Stock
2019-07-31−476.25→ 8,704.44 total→ Common Stock (47,625 underlying)
Footnotes (3)
- [F1]Each of the Series B Convertible Voting Perpetual Preferred Stock ("Series B Preferred Stock") and Series C Convertible Voting Perpetual Preferred Stock ("Series C Preferred Stock") is convertible at any time upon request and is initially convertible into shares of common stock on a 1:100 basis. Each such class of stock has no expiration date.
- [F2]On July 31, 2019, in connection with the wind up and dissolution of Reporting Person SMC Reserve Fund II Offshore, LP ("SMC Offshore"), SMC Offshore distributed in-kind, without consideration (the "SMC Distribution"), all of the securities of the Issuer owned by SMC Offshore as follows: (i) to Reporting Person Spring Mountain Capital G.P., LLC ("SMC GP"), 97.54 shares of Series B Preferred Stock and 82.81 shares of Series C Preferred Stock and (ii) to an unaffiliated third party, 476.25 shares of Series B Preferred Stock and 404.30 shares of Series C Preferred Stock. The disposition to the unaffiliated third party is reported in Table II.
- [F3]The disposition to SMC GP is not reported in Table II, as the shares of Series B Preferred Stock and Series C Preferred Stock transferred by SMC Offshore to SMC GP will continue to be beneficially owned by certain of the remaining Reporting Persons due to the relationships set forth in Exhibit 99.1 to the Form 3 filed on January 9, 2019. As a result of the SMC Distribution, SMC Offshore no longer beneficially owns any securities of the Issuer. This Form 4 is an 'exit filing' for SMC Offshore.
Documents
Issuer
GIGA TRONICS INC
CIK 0000719274
Related Parties
1- filerCIK 0001549455
Filing Metadata
- Form type
- 4
- Filed
- Aug 1, 8:00 PM ET
- Accepted
- Aug 2, 10:22 AM ET
- Size
- 23.3 KB