Sallwasser Paul 4
4 · Youngevity International, Inc. · Filed Apr 2, 2018
Insider Transaction Report
Form 4
Sallwasser Paul
Director
Transactions
- Award
Common Stock
2018-03-29+9,264→ 67,393 total - Conversion
Senior Secured Convertible Promissory Notes
2018-03-29−1,087→ 0 totalFrom: 2017-08-18Exp: 2020-08-20→ Common Stock (1,087 underlying) - Conversion
Senior Secured Convertible Promissory Notes
2018-03-29−8,177→ 0 totalFrom: 2017-08-18Exp: 2020-08-20→ Common Stock (8,177 underlying)
Footnotes (2)
- [F1]Pursuant to their terms, the Senior Secured Convertible Promissory Notes (the "Notes") held by the reporting person automatically convert into shares of common stock (the "Common Stock") of Youngevity International, Inc. (the "Company") if prior to the maturity date of the Notes, the Company sold Common Stock, preferred stock or other equity-linked securities with aggregate gross proceeds of no less than $3,000,000 for the purpose of raising capital. On March 29, 2018, the Company closed the offer and sale of over $3,000,000 of Series B Convertible Preferred Stock, which triggered the automatic conversion of the Notes.
- [F2]Reflects shares of Common Stock issued by the Company as a result of the automatic conversion of the Notes.