4//SEC Filing
Rosberg Ulf 4
Accession 0001209191-20-045851
CIK 0000087050other
Filed
Aug 9, 8:00 PM ET
Accepted
Aug 10, 8:48 AM ET
Size
7.1 KB
Accession
0001209191-20-045851
Insider Transaction Report
Form 4
Neonode Inc.NEON
Rosberg Ulf
Director
Transactions
- Purchase
Series C-2 5% Convertible Preferred Stock
2020-08-07$1000.00/sh+1,716.728$1,716,728→ 1,716.728 total(indirect: Through UMR Invest AB, an entity owned by Ulf Rosberg)→ Common Stock (264,112 underlying)
Holdings
- 1,589,956(indirect: Through UMR Invest AB, an entity owned by Ulf Rosberg)
Common Stock
Footnotes (1)
- [F1]On August 5, 2020, the Issuer entered into a Securities Purchase Agreement with certain institutional and accredited investors (the "Private Placement"). The Private Placement included Series C-2 5% Convertible Preferred Stock (the "Series C-2 Preferred Stock") with a stated value of $1,000 per share. Each share of Series C-2 Preferred Stock will automatically convert into 1,000 shares of the Issuer's Common Stock, based upon a conversion price of $6.50 per share, upon shareholder approvals with respect to the Private Placement, including the issuance to the Reporting Person. The Series C-2 Preferred Stock does not have an expiration date. The shares of Common Stock and Series C-2 Preferred Stock reported herein were acquired by the Reporting Person from the Issuer pursuant to the Private Placement and approved by the Board of Directors, including non-employee directors, of the Issuer.
Documents
Issuer
Neonode Inc.
CIK 0000087050
Entity typeother
Related Parties
1- filerCIK 0001714967
Filing Metadata
- Form type
- 4
- Filed
- Aug 9, 8:00 PM ET
- Accepted
- Aug 10, 8:48 AM ET
- Size
- 7.1 KB