4//SEC Filing
LAUTZ ROBERT W JR 4
Accession 0001437749-12-000307
CIK 0001023844other
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 12:36 PM ET
Size
24.1 KB
Accession
0001437749-12-000307
Insider Transaction Report
Form 4
NATIONAL HOLDINGS CORPNHLD.OB
LAUTZ ROBERT W JR
Director
Transactions
- Sale
Warrants
2011-12-27−375,000→ 0 total(indirect: See Footnote)Exercise: $2.00Exp: 2013-03-31→ Common Stock (375,000 underlying) - Sale
Warrants
2011-12-27−468,750→ 0 total(indirect: See Footnote)Exercise: $1.25Exp: 2013-06-30→ Common Stock (468,750 underlying) - Sale
Series C Preferred Stock
2011-12-27−6,026→ 0 total(indirect: See Footnote)Exercise: $0.50→ Common Stock (602,630 underlying) - Sale
Common Stock
2011-12-27−2,004,083→ 0 total(indirect: See Footnote) - Sale
Warrants
2011-12-27−44,125→ 0 total(indirect: See Footnote)Exercise: $0.50→ Common Stock (44,125 underlying) - Sale
Warrants
2011-12-27−62,500→ 0 total(indirect: See Footnote)Exercise: $0.75Exp: 2012-02-22→ Common Stock (62,500 underlying) - Sale
Warrants
2011-12-27−250,000→ 0 total(indirect: See Footnote)Exercise: $0.50Exp: 2015-06-04→ Common Stock (250,000 underlying) - Sale
Warrants
2011-12-27−602,630→ 0 total(indirect: See Footnote)Exercise: $0.50→ Common Stock (602,620 underlying)
Footnotes (7)
- [F1]These shares were directly beneficially owned by St. Cloud Capital Partners ("St. Cloud Partners"). These securities may have been deemed to be indirectly beneficially owned by Robert W. Lautz, Jr., as a managing member of SCGP, LLC, the General Partner of St. Cloud Partners. This report shall not be deemed an admission by Mr. Lautz that he is or was the beneficial owner of the securities for purposes of Section 16 or otherwise.
- [F2]These Warrants are currently exercisable in full.
- [F3]The Series C Preferred Stock does not expire.
- [F4]COR Securities paid an aggregate consideration of $2,000,000, which consideration consisted of shares of preferred stock and warrants to purchase common stock of COR Securities issued to St. Cloud Capital Partners, L.P. and St. Cloud Capital Partners II, L.P., for the above mentioned rights to the Shares, the Preferred Stock, the Warrants, and the NHLD Debt.
- [F5]401,753 of these Warrants are currently exercisable, 200,887 become exercisable on 7/12/12. 200,887 of these Warrants expire on each of 7/12/15, 7/12/16 and 7/12/17
- [F6]29,416 of these Warrants are currently exercisable, 14,708 become exercisable on 7/12/12. 14,708 of these Warrants expire on each of 7/12/15, 7/12/16 and 7/12/17
- [F7]These Warrants are become exercisable in the event that certain indebtedness of National Holdings Corporation, evidenced by those certain convertible promissory notes dated March 31, 2008 and June 30, 2008, is paid prior to their respective maturity dates. These Warrants will expire five years from the date that they become exercisable.
Documents
Issuer
NATIONAL HOLDINGS CORP
CIK 0001023844
Entity typeother
Related Parties
1- filerCIK 0000926578
Filing Metadata
- Form type
- 4
- Filed
- Jan 8, 7:00 PM ET
- Accepted
- Jan 9, 12:36 PM ET
- Size
- 24.1 KB