BEAMZ INTERACTIVE INC 4/A
4/A · BEAMZ INTERACTIVE INC · Filed Jul 24, 2014
Insider Transaction Report
Form 4/AAmended
BRUBACHER JOAN W
Director
Transactions
- Other
Convertible Secured Subordinated Promissory Note
2014-02-21+1→ 1 total(indirect: See Footnotes 1 and 2)Exercise: $0.20From: 2014-02-21Exp: 2015-12-31→ Common Stock (90,000 underlying) - Other
Warrants
2014-02-21+18,000→ 18,000 total(indirect: See Footnotes 1 and 2)Exercise: $0.02From: 2014-02-21Exp: 2017-02-21→ Common Stock (18,000 underlying)
Footnotes (2)
- [F1]Reflects the receipt by Highland Consulting, Inc. ("Highland"), 100% of the ownership interests of which are directly owned by Ms. Brubacher, of a Convertible Secured Promissory Note (convertible into the Issuer's Common Stock) and Warrants pursuant to an Amended and Restated 2013 Convertible Debt and Security Agreement dated 2/21/2014 in exchange for the conversion of a receivable of $18,000 owed by the Issuer to Highland into a loan pursuant to a Payable Conversion Agreement dated February 21, 2014.
- [F2]This Form 4/A is being filed in order to correct the previous report filed for Ms. Brubacher on 2/25/2014. Specifically this Form 4/A corrects the ownership form of the derivative securities listed on the original Form 4 for the fact that the Warrants and the Secured Promissory Note were issued to Highland rather than Ms. Brubacher directly, such that these derivative securities are held indirectly by Ms. Brubacher rather than directly.