Diaz Mauricio 4
4 · InfoSonics Corp · Filed Apr 20, 2018
Insider Transaction Report
Form 4
InfoSonics CorpIFON
Diaz Mauricio
DirectorCEO
Transactions
- Award
Common Stock
2018-03-12+125,014→ 125,014 total(indirect: By LLC)
Footnotes (2)
- [F1]The shares were acquired pursuant to an Agreement and Plan of Merger dated July 25, 2017 (the "Merger Agreement"), pursuant to which a wholly-owned subsidiary of the issuer merged with and into Cooltech Holding Corp. ("Cooltech"), which Cooltech survived as a wholly-owned subsidiary of the issuer. Pursuant to the Merger Agreement, shares of Cooltech capital stock outstanding immediately prior to the Merger were cancelled and were automatically converted into the right to receive shares of the issuer's common stock.
- [F2]The reported person disclaims beneficial ownership of the reported securities exept to the extent of his pecuniary interest therein.