4//SEC Filing
Prior-Palmer Simon Erroll 4
Accession 0001213900-20-016283
CIK 0000854800other
Filed
Jun 29, 8:00 PM ET
Accepted
Jun 30, 3:17 PM ET
Size
36.8 KB
Accession
0001213900-20-016283
Insider Transaction Report
Form 4
MICT, Inc.MICT
Prior-Palmer Simon Erroll
10% Owner
Transactions
- Award
Common Stock
2019-11-21$1.04/sh+96,000$100,032→ 1,643,036 total - Award
Common Stock
2020-01-30$1.19/sh+6,500$7,748→ 1,734,536 total - Award
Common Stock
2020-03-20$0.78/sh+15,727$12,188→ 2,246,263 total - Award
Common Stock
2020-03-31$0.73/sh+39,275$28,592→ 2,292,211 total - Award
Common Stock
2020-04-06$0.99/sh+9,262$9,142→ 2,302,936 total - Award
Common Stock
2019-11-14$1.09/sh+61,500$66,912→ 1,370,045 total - Award
Common Stock
2019-11-20$1.02/sh+34,600$35,223→ 1,547,036 total - Award
Common Stock
2020-01-23$1.08/sh+33,000$35,508→ 1,676,036 total - Award
Common Stock
2020-02-24$1.09/sh+31,915$34,883→ 1,809,536 total - Award
Common Stock
2020-03-17$0.78/sh+45,000$35,100→ 1,854,536 total - Award
Common Stock
2020-03-19$0.06/sh+376,000$22,936→ 2,230,536 total - Award
Common Stock
2020-03-23$0.77/sh+6,673$5,145→ 2,252,936 total - Award
Common Stock
2020-04-02$0.89/sh+1,463$1,298→ 2,293,674 total - Award
Common Stock
2020-04-08$1.01/sh+35,824$36,039→ 2,338,760 total - Purchase
Convertible Note
2020-04-21$1.10/sh+1,042,568$1,146,825→ 1,042,568 totalExercise: $1.10→ Common Stock (1,042,568 underlying) - Award
Common Stock
2019-11-12$1.03/sh+58,500$60,547→ 1,308,545 total - Award
Common Stock
2020-01-29$1.15/sh+52,000$60,008→ 1,728,036 total - Award
Common Stock
2019-11-11$1.11/sh+80,400$89,485→ 1,250,045 total - Award
Common Stock
2019-11-18$0.89/sh+60,391$53,627→ 1,430,436 total - Award
Common Stock
2019-11-19$1.00/sh+82,000$82,000→ 1,512,436 total - Award
Common Stock
2020-02-21$1.10/sh+43,085$47,307→ 1,777,621 total
Footnotes (3)
- [F1]On April 21, 2020, Mr. Prior Palmer purchased from the Issuer Convertible Notes with an aggregate principal amount of approximately $1,146,825. The Convertible Notes are convertible into Shares of Issuer Common Stock at a conversion price of $1.10 per Share. Therefore, the Convertible Notes are initially convertible into approximately 1,042,568 shares.
- [F2]Subject to approval of the Issuer's stockholders of an increase in the number of the Issuer's authorized shares of common stock to allow for the conversion of the Convertible Notes into MICT's common stock, the Convertible Notes shall be convertible into common stock at the option of the purchasers at any time and from time to time. The Issuer may not effect any conversion of the Convertible Note, and a holder of the Convertible Note does not have the right to convert any portion of the Convertible Note, to the extent that, after giving effect to the attempted conversion, such holder would beneficially own a number of shares in excess of 19.99% of the shares of Issuer Common Stock then issued and outstanding.
- [F3]Upon the occurrence of certain events, including, if approval from MICT's shareholders with respect to the issuance of shares of common stock underlying the Convertible Notes, as required by the applicable rules and regulations of Nasdaq, is not obtained by June 30, 2020, or if MICT has failed to amend its certificate of incorporation to increase the number of shares authorized for issuance to cover the Conversion Shares by June 30, 2020, the purchasers are permitted to require the Issuer to redeem the Convertible Notes, including any interest that has accrued thereunder, for cash.
Documents
Issuer
MICT, Inc.
CIK 0000854800
Entity typeother
Related Parties
1- filerCIK 0001815301
Filing Metadata
- Form type
- 4
- Filed
- Jun 29, 8:00 PM ET
- Accepted
- Jun 30, 3:17 PM ET
- Size
- 36.8 KB