4//SEC Filing
Viggle Inc. 4
Accession 0001354488-15-005409
CIK 0000725876operating
Filed
Dec 6, 7:00 PM ET
Accepted
Dec 7, 4:30 PM ET
Size
23.1 KB
Accession
0001354488-15-005409
Insider Transaction Report
Form 4
Viggle Inc.VGGL
SILLERMAN ROBERT F X
DirectorExec Chair and Chief Exec Off10% Owner
Transactions
- Award
Common Stock
2015-12-03$0.47/sh+8,750,000$4,112,500→ 8,750,000 total(indirect: See footnote)
Holdings
- 8,230,623(indirect: See footnote)
Common Stock
- 225,000(indirect: See footnote)
Warrants (right to buy)
Exercise: $3.51From: 2014-10-24Exp: 2019-10-24→ Common Stock (225,000 underlying) - 175,563(indirect: See footnote)
Warrants (right to buy)
Exercise: $80.00→ Common Stock (175,563 underlying) - 350,000(indirect: See footnote)
Warrants (right to buy)
Exercise: $1.78From: 2015-03-16Exp: 2020-03-16→ Common Stock (350,000 underlying) - 10,000(indirect: See footnote)
Series C Convertible Preferred Stock
Exercise: $4.00→ Common Stock (2,500,000 underlying) - 150,000(indirect: See footnote)
Warrants (right to buy)
Exercise: $2.98From: 2014-11-25Exp: 2019-11-25→ Common Stock (150,000 underlying) - 6,250
Restricted Stock Unit
→ Common Stock (6,250 underlying) - 37,268
Common Stock
- 124,072
Restricted Stock Unit
→ Common Stock (124,072 underlying) - 125,000
Warrants (right to buy)
Exercise: $80.00From: 2013-03-11Exp: 2018-03-11→ Common Stock (125,000 underlying) - 775,000(indirect: See footnote)
Warrants (right to buy)
Exercise: $3.63From: 2014-12-15Exp: 2019-12-15→ Common Stock (775,000 underlying) - 62,500(indirect: See footnote)
Warrants (right to buy)
Exercise: $55.20From: 2013-09-16Exp: 2018-09-16→ Common Stock (62,500 underlying)
Footnotes (12)
- [F1]Held by Sillerman Investment Company III LLC (?SIC III?), of which the Reporting Person is the manager and sole member.
- [F10]Restricted stock units in respect of 6,250 shares of Common Stock granted pursuant to the Company?s 2011 Executive Incentive Plan. These restricted stock units will vest on February 24, 2016. Each restricted stock unit represents the right to receive, at settlement, one (1) share of common stock.
- [F11]Restricted stock units in respect of 155,090 shares of Common Stock granted pursuant to the Company?s 2011 Executive Incentive Plan. These restricted stock units vested as to 31,018 shares on May 1, 2015 and an additional 31,018 shares will vest on each of May 1, 2016, May 1, 2017, May 1, 2018 and May 1, 2019. Each restricted stock unit represents the right to receive, at settlement, one (1) share of common stock. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date.
- [F12]Held by Sillerman Investment Company IV LLC, of which the Reporting Person is the manager and sole member. These shares were acquired in a transaction exempt from the provisions of Section 16(b) pursuant to Rule 16b-3 thereunder.
- [F2]Warrants previously acquired by SIC III, exercisable at $1.78 per share.
- [F3]SIC III purchased 10,000 shares of the Issuer?s Series C Convertible Preferred Stock at a price of $1,000 per share. Each share has a stated value of $1,000, and is convertible into common stock at a conversion price of $4 per share. Therefore, the 10,000 shares of Series C Convertible Preferred Stock are convertible into 2,500,000 shares of the Issuer?s common stock. Such shares are convertible upon issuance and for a period of five years thereafter. 7,000 shares of Series C Convertible Preferred Stock were issued on March 16, 2015 and were convertible on that date. Those shares are thus convertible through March 16, 2020, at which time they are subject to mandatory redemption by the Issuer. 3,000 shares of Series C Convertible Preferred Stock were issued on November 25, 2014 and were convertible on that date. Those shares are thus convertible through November 25, 2019, at which time they are subject to mandatory redemption by the Issuer.
- [F4]Warrants previously acquired by SIC III, exercisable at $3.51 per share.
- [F5]Warrants previously acquired by SIC III, exercisable at $2.98 per share.
- [F6]Warrants previously acquired by SIC III, exercisable at $3.63 per share.
- [F7]Warrants previously acquired by the Reporting Person, exercisable at $80.00 per share.
- [F8]Warrants previously acquired by Sillerman Investment Company II, LLC (?SIC II?), of which the Reporting Person is the manager and sole member, exercisable at $55.20 per share.
- [F9]Warrants previously acquired by SIC II, of which the Reporting Person is the manager and sole member, exercisable at $80.00 per share.
Documents
Issuer
Viggle Inc.
CIK 0000725876
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000725876
Filing Metadata
- Form type
- 4
- Filed
- Dec 6, 7:00 PM ET
- Accepted
- Dec 7, 4:30 PM ET
- Size
- 23.1 KB