4//SEC Filing
CONCIERGE TECHNOLOGIES INC 4
Accession 0001354488-16-008122
$MGLDCIK 0001005101operating
Filed
Jul 28, 8:00 PM ET
Accepted
Jul 29, 2:49 PM ET
Size
5.9 KB
Accession
0001354488-16-008122
Insider Transaction Report
Form 4
Gerber Nicholas Daniel
DirectorCEO and Chairman of the Board10% Owner
Transactions
- Purchase
Convertible Promissory Note (Right to Buy)
2016-07-27$0.10/sh+4,972,458$497,246→ 4,972,458 total(indirect: Wainright Holdings, Inc.)Exercise: $0.10From: 2016-07-27Exp: 2021-01-27→ Common Stock (4,972,458 underlying)
Footnotes (1)
- [F1]On January 27, 2016, the Company entered into a convertible promissory note with Wainwright Holdings, Inc., an entity that is affiliated with the Registrant, in the principal amount of $450,000. The note bears interest at four percent (4%) per annum and increases to eight percent (8%) in the event of default by the Company. The note may be prepaid at any time in whole or in part by the Company and is convertible into common stock of the Company at the election of Wainwright Holdings, Inc. on July 27, 2016, at a conversion price of $0.10 per share. The conversion price is subject to adjustment for mergers, consolidations, share exchanges, recapitalizations or similar events and matures on January 27, 2021.
Documents
Issuer
CONCIERGE TECHNOLOGIES INC
CIK 0001005101
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001005101
Filing Metadata
- Form type
- 4
- Filed
- Jul 28, 8:00 PM ET
- Accepted
- Jul 29, 2:49 PM ET
- Size
- 5.9 KB