4//SEC Filing
Infinity Augmented Reality, Inc. 4
Accession 0001213900-15-009063
CIK 0001421538operating
Filed
Nov 23, 7:00 PM ET
Accepted
Nov 24, 3:43 PM ET
Size
18.8 KB
Accession
0001213900-15-009063
Insider Transaction Report
Form 4
HOGEG MOSHE
Director
Transactions
- Sale
Common Stock
2015-03-16$0.17/sh−295,000$49,531→ 8,136,719 total - Purchase
Convertible Notes
2015-04-06$0.02/sh+14,324,313$250,675→ 22,356,032 total(indirect: Reporting Person controls Direct Owner)Exercise: $0.00From: 2015-04-06Exp: 2016-04-06→ Convertible Notes (14,324,313 underlying) - Conversion
Series B Preferred Stock
2015-08-25+14,324,313→ 22,356,032 total(indirect: Reporting Person controls Direct Owner)Exercise: $0.00From: 2015-08-25→ Series B Preferred Stock (14,324,313 underlying) - Sale
Common Stock
2015-03-17$0.12/sh−105,000$12,663→ 8,031,719 total - Conversion
Series A Preferred Stock
2015-08-25+8,031,719→ 22,356,032 total(indirect: Reporting Person controls Direct Owner)Exercise: $0.00From: 2015-08-25→ Series A Preferred Stock (8,031,719 underlying) - Purchase
Series B Preferred Stock
2015-09-08$0.02/sh+14,324,313$250,675→ 36,680,345 total(indirect: Reporting Person controls Direct Owner)Exercise: $0.00From: 2015-09-08→ Series B Preferred Stock (14,324,313 underlying)
Footnotes (8)
- [F1]Reporting Person inadvertently reported the acquisition on a form 4 of 450,000 shares of common stock, par value $0.00001 per share (the "Common Stock") of Infinity Augmented Reality, Inc. (the "Issuer") on November 25, 2013, where in fact he acquired only 400,000, which were all sold in March 2015 as reported in this Form 4.
- [F2]Consist of (a) 105,000 shares of common Stock held directly by the Reporting Person and (b) 8,031,719 shares of Common Stock of the Issuer issuable upon conversion of Series A Preferred Stock par value $0.00001 per share (the "Series A Preferred Stock") of the Issuer which are held directly by Singulariteam Fund LP. The reporting person is the Managing Partner & Chairman of Singulariteam Fund LP and may be deemed to beneficially own such shares. Singulariteam Fund LP entered into an agreement with the Issuer to receive the above referred to Series A Preferred Stock for 4,000,000 in principal amount of convertible debentures of the Issuer and accrued interest thereon and warrants to purchase up to an additional $4,000,000 shares. Does not include options to purchase 20,100,000 of Common Stock.
- [F3]Consist of 8,031,719 shares of Common Stock of the Issuer issuable upon conversion of Series A Preferred Stock of the Issuer. See also note 2.
- [F4]Consist of (a) 8,031,719 shares of Common Stock of the Issuer issuable upon conversion of Series A Preferred Stock of the Issuer. See Note 2 and (b) convertible notes which are convertible into 14,324,313 Series B Preferred Shares held directly by Singulariteam Fund II LP. The Reporting Person is the Principal Partner & Chairman of Singulariteam Fund II LP and may be deemed to beneficially own such shares.
- [F5]Reflects the receipt of 8,031,719 shares of Series A Preferred Stock of the Issuer held by Singulariteam Fund LP in exchange for 4,000,000 in principal amount of convertible debentures of the Issuer and accrued interest thereon and warrants to purchase up to an additional $4,000,000 shares and (b) notes to purchase 14,324,313 shares of Series B Preferred Stock held directly by Singulariteam Fund II LP. Shares of Series A Preferred Stock and Series B Preferred Stock are currently convertible on a one for one basis to Common Stock.
- [F6]Reflects the automatic conversion of notes to 14,324,313 shares of Series B Preferred Stock. Consists of (a) 8,031,719 shares of Series A Preferred Stock directly owned by Singulariteam Fund LP and (b) 14,324,313 Series B Preferred Shares held directly by Singulariteam Fund II LP.
- [F7]Consists of (a) 8,031,719 shares of Series A Preferred Stock directly owned by Singulariteam Fund LP and (b) 28,648,626 shares of Series B Preferred Stock held directly by Singulariteam Fund II LP.
- [F8]The right to convert the Series A Preferred Stock and Series B Preferred Stock to Common Stock does not expire.
Documents
Issuer
Infinity Augmented Reality, Inc.
CIK 0001421538
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001421538
Filing Metadata
- Form type
- 4
- Filed
- Nov 23, 7:00 PM ET
- Accepted
- Nov 24, 3:43 PM ET
- Size
- 18.8 KB