4//SEC Filing
Diligent Board Member Services, Inc. 4
Accession 0001209191-14-017039
CIK 0001433269operating
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 8:32 AM ET
Size
11.9 KB
Accession
0001209191-14-017039
Insider Transaction Report
Form 4
Carroll Capital Holdings LLC
10% Owner
Transactions
- Conversion
Common stock
2014-03-03+889,219→ 3,389,763 total(indirect: By LLC) - Conversion
Series A Convertible Preferred Stock
2014-03-03−889,219→ 10,000,000 total(indirect: By LLC)→ Common Stock (889,219 underlying)
Holdings
- 1,000,000(indirect: By Trust)
Common stock
- 600,000(indirect: By Trust)
Common stock
Carroll Kenneth
10% Owner
Transactions
- Conversion
Common stock
2014-03-03+889,219→ 3,389,763 total(indirect: By LLC) - Conversion
Series A Convertible Preferred Stock
2014-03-03−889,219→ 10,000,000 total(indirect: By LLC)→ Common Stock (889,219 underlying)
Holdings
- 600,000(indirect: By Trust)
Common stock
- 1,000,000(indirect: By Trust)
Common stock
Footnotes (5)
- [F1]The shares of Series A Convertible Preferred Stock were convertible into common stock on a one-for-one basis and had no expiration date.
- [F2]The shares are held by Carroll Capital Holdings, LLC. Mr. Carroll has sole voting and dispositive power of the shares owned by Carroll Capital Holdings and as such may be deemed to indirectly beneficially own the shares owned by Carroll Capital Holdings, LLC.
- [F3]As the spouse of Elizabeth Carroll who is the trustee of the Kenneth Carroll 2012 Family Trust, Mr. Carroll may be deemed to indirectly beneficially own the 1,000,000 shares held by the Kenneth Carroll 2012 Family Trust. This filing shall not be deemed an admission that Mr. Carroll is the beneficial owner of such shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or any other purpose and Mr. Carroll disclaims beneficial ownership of all such shares except to the extent of any pecuniary interest therein.
- [F4]As the trustee of the Elizabeth Carroll 2012 Descendants Trust, Mr. Carroll may be deemed to indirectly beneficially own the 600,000 shares held by the Elizabeth Carroll 2012 Descendants Trust. This filing shall not be deemed an admission that Mr. Carroll is the beneficial owner of such shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, and Mr. Carroll disclaims beneficial ownership of all such shares except to the extent of any pecuniary interest therein.
- [F5]The reporting person received the shares of common stock upon conversion of the Series A Convertible Preferred Stock.
Documents
Issuer
Diligent Board Member Services, Inc.
CIK 0001433269
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001433269
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 8:32 AM ET
- Size
- 11.9 KB