4//SEC Filing
Larsen Jorgen 4
Accession 0001225208-13-013512
CIK 0001100202other
Filed
May 29, 8:00 PM ET
Accepted
May 30, 5:00 PM ET
Size
13.2 KB
Accession
0001225208-13-013512
Insider Transaction Report
Form 4
Larsen Jorgen
Director
Transactions
- Award
Series B2 Preferred Stock
2011-12-27+30,750→ 30,750 totalExercise: $0.40→ Common Stock (7,687,500 underlying) - Award
Common Stock
2011-12-27+4,966,750→ 4,966,750 total - Award
Series B1 Preferred Stock
2011-12-27+43,790→ 43,790 totalExercise: $0.25→ Common Stock (17,516,000 underlying) - Award
Stock Option (Right to Buy)
2012-04-11+1,200,000→ 1,200,000 totalExercise: $0.12Exp: 2022-04-11→ Common Stock (1,200,000 underlying)
Footnotes (10)
- [F1]Represents shares received in connection with the acquisition of iLoop Mobile, Inc. ("iLoop") pursuant to an Amended and Restated Agreement and Plan of Merger dated as of December 27, 2011 among iLoop, the issuer and its subsidiary, and the stockholders representative (the "Merger Agreement"); the Merger Agreement is filed as Exhibit 2.1 to the issuer's Report on Form 8-K filed with the SEC on December 30, 2011.
- [F10]The option vests and becomes exercisable in 36 equal monthly installments for full vesting on April 11, 2015.
- [F2]Includes 469,521 shares subject to forfeiture during the 18-month period following the effective date of the Amended and Restated Agreement and Plan of Merger dated as of December 27, 2011 among iLoop Mobile, Inc., the issuer and its wholly owned subsidiary, and the stockholders representative.
- [F3]Includes 4,379 shares subject to forfeiture during the 18-month period following the effective date of the Amended and Restated Agreement and Plan of Merger dated as of December 27, 2011 among iLoop Mobile, Inc., the issuer and its wholly owned subsidiary, and the stockholders representative.
- [F4]The Series B1 Preferred Stock is convertible into shares of the issuer's common stock at any time.
- [F5]The Series B1 Stock has no expiration date, but is subject to automatic conversion as provided by the terms of such preferred stock.
- [F6]The number of underlying shares is determined by dividing the stated value per share of Series B1 Preferred Stock, as adjusted for accreted dividends, by the conversion price. The number of underlying shares shown is based on the initial stated value of $100.00.
- [F7]The Series B2 Preferred Stock is convertible into shares of the issuer's common stock at any time.
- [F8]The Series B2 Preferred Stock has no expiration date, but is subject to automatic conversion as provided by the terms of such preferred stock.
- [F9]The number of underlying shares is determined by dividing the stated value per share of Series B2 Preferred Stock, as adjusted for accreted dividends, by the conversion price. The number of underlying shares shown is based on the initial stated value of $100.00.
Documents
Issuer
LENCO MOBILE INC.
CIK 0001100202
Entity typeother
Related Parties
1- filerCIK 0001539512
Filing Metadata
- Form type
- 4
- Filed
- May 29, 8:00 PM ET
- Accepted
- May 30, 5:00 PM ET
- Size
- 13.2 KB