4//SEC Filing
MACFARLANE VICTOR B 4
Accession 0001209191-18-022164
CIK 0001591956other
Filed
Mar 28, 8:00 PM ET
Accepted
Mar 29, 8:10 PM ET
Size
11.1 KB
Accession
0001209191-18-022164
Insider Transaction Report
Form 4
MF Ventures, LLC
10% Owner
Transactions
- Expiration (Short)
Common Stock Warrant (Right to Buy)
2018-03-16−272,727→ 0 totalExercise: $5.00Exp: 2022-03-24→ Common Stock (272,727 underlying) - Other
Common Stock
2018-03-16+299,999→ 1,994,569 total
MACFARLANE VICTOR B
10% Owner
Transactions
- Other
Common Stock
2018-03-16+299,999→ 1,994,569 total - Expiration (Short)
Common Stock Warrant (Right to Buy)
2018-03-16−272,727→ 0 totalExercise: $5.00Exp: 2022-03-24→ Common Stock (272,727 underlying)
MacFarlane Thaderine D.
10% Owner
Transactions
- Other
Common Stock
2018-03-16+299,999→ 1,994,569 total - Expiration (Short)
Common Stock Warrant (Right to Buy)
2018-03-16−272,727→ 0 totalExercise: $5.00Exp: 2022-03-24→ Common Stock (272,727 underlying)
Footnotes (3)
- [F1]On March 16, 2018, the Issuer canceled a warrant that was granted to MF Ventures, LLC on March 24, 2017 covering 272,727 common shares, which was not exercisable at the time of cancellation. In exchange for such cancellation, MF Ventures, LLC received 299,999 common shares of the issuer.
- [F2]Victor B. MacFarlane and Thaderine D. MacFarlane are controlling members of MF Ventures, LLC and may be deemed to share and have indirect beneficial ownership over, and share indirect pecuniary interest in,1,994,569 shares held directly by MF Ventures, LLC.
- [F3]The warrant was exercisable from March 24, 2017, the date it was issued; provided, however, the exercise of such warrant is limited by a blocker provision, which provides that the warrant is not exercisable to the extent that common shares issuable upon the exercise of the warrant would result in a beneficial ownership of the reporting person above 4.99% of the issuer's outstanding common shares.
Documents
Issuer
Sphere 3D Corp
CIK 0001591956
Entity typeother
Related Parties
1- filerCIK 0001191852
Filing Metadata
- Form type
- 4
- Filed
- Mar 28, 8:00 PM ET
- Accepted
- Mar 29, 8:10 PM ET
- Size
- 11.1 KB