4//SEC Filing
Sudbury Capital Fund, LP 4
Accession 0001209191-18-056784
CIK 0001546381other
Filed
Oct 31, 8:00 PM ET
Accepted
Nov 1, 4:45 PM ET
Size
12.7 KB
Accession
0001209191-18-056784
Insider Transaction Report
Form 4
Sudbury Capital Fund, LP
10% Owner
Transactions
- Other
Series D-1 Convertible Preferred Stock
2018-10-31−183.506→ 0 totalExercise: $3.00From: 2016-10-14Exp: 2020-05-20→ Common Stock, par value $0.001 per share (183.506 underlying) - Disposition to Issuer
Common Stock, par value $0.001 per share
2018-10-31$6.25/sh−96,714$604,463→ 0 total - Sale
Warrants
2018-10-31$4.75/sh−200,000$950,000→ 0 totalExercise: $1.50From: 2016-10-14Exp: 2020-05-20→ Common Stock, par value $0.001 per share (200,000 underlying) - Other
Series C-2 Convertible Preferred Stock
2018-10-31−2,000→ 0 totalExercise: $3.00From: 2016-10-14Exp: 2020-05-20→ Common Stock, par value $0.001 per share (2,000 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to the Merger Agreement by and among the issuer, AMC Networks Inc., Digital Entertainment Holdings LLC, and River Merger Sub Inc. for $6.25 per share on the effective date of the merger.
- [F2]In connection with the merger, these warrants were cancelled and converted into the right to receive an amount in cash equal to the product of the number of shares issuable upon exercise of such warrants multiplied by $6.25 minus the exercise price of such warrants.
- [F3]Following the effective time of the merger, the holder may elect to receive (i) $7.86 in cash per share of Common Stock of RLJ Entertainment, Inc. previously issuable upon conversion of such Preferred Stock or (ii) a security of the successor entity substantially similar to Preferred Stock, including having a stated value and dividend rate equal to the stated value and dividend rate of the Preferred Stock and having similar ranking to the Preferred Stock, and convertible into the publicly traded, exchange listed common stock of the successor entity (including its parent entity).
Documents
Issuer
RLJ ENTERTAINMENT, INC.
CIK 0001546381
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001554334
Filing Metadata
- Form type
- 4
- Filed
- Oct 31, 8:00 PM ET
- Accepted
- Nov 1, 4:45 PM ET
- Size
- 12.7 KB