4//SEC Filing
FLOOD BRENDAN 4
Accession 0001209191-21-019510
CIK 0001499717other
Filed
Mar 9, 7:00 PM ET
Accepted
Mar 10, 4:50 PM ET
Size
14.6 KB
Accession
0001209191-21-019510
Insider Transaction Report
Form 4
FLOOD BRENDAN
DirectorChairman and CEO
Transactions
- Award
Common Stock, $0.00001 par value per share
2020-10-26+300,000→ 517,719 total - Conversion
Common Stock, $0.00001 par value per share
2020-12-30+27,024→ 544,743 total - Exercise/Conversion
Common Stock, $0.00001 par value per share
2020-12-31+40,000→ 584,743 total - Conversion
Series A Preferred Stock, $0.00001 par value per share
2020-12-30+1,039,380→ 544,743 totalFrom: 2015-05-29Exp: 2020-12-30→ Common Stock (27,024 underlying)
Footnotes (2)
- [F1]One-third of the restricted shares fully vested upon the successful extensions of certain credit agreements, and one-third of the restricted shares fully vested on the date that the company raised more than $2,000,000 in an equity offering. One-third of the restricted shares shall vest on the date the company first satisfies the minimum stockholders equity requirements of the NASDAQ exchange, provided that Mr. Flood is employed by or providing services to the Company through the vesting date, and subject to the terms and conditions of the Staffing 360 Solutions, Inc. 2020 Omnibus Incentive Plan and the Company's standard form of Restricted Stock Award Agreement.
- [F2]Shares of the Series A Preferred Stock were convertible into shares of common stock at the holder"s election at any time prior to December 31, 2020 (the "Redemption Date"), at a conversion rate of one and three tenths (1.3) shares of common stock for every 50 shares of Series A Preferred Stock that the Holder elects to convert. Originally the redemption date was December 31, 2018 and this was extended to December 31, 2020 in January 2019.
Issuer
Staffing 360 Solutions, Inc.
CIK 0001499717
Entity typeother
Related Parties
1- filerCIK 0001242113
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 7:00 PM ET
- Accepted
- Mar 10, 4:50 PM ET
- Size
- 14.6 KB