DIGITAL ANGEL CORP 4
4 · DIGITAL ANGEL CORP · Filed Oct 23, 2013
Insider Transaction Report
Form 4
DIGITAL ANGEL CORPDIGAD
SILVERMAN SCOTT R
DirectorChief Executive Officer10% Owner
Transactions
- Conversion
Common Stock
2013-10-22+5,462,770→ 5,462,770 total - Conversion
Series C Convertible Preferred Stock
2013-10-22−10,904.7→ 0 total(indirect: By Blue Moon)→ Common Stock (218,094 underlying) - Conversion
Series C Convertible Preferred Stock
2013-10-22−273,138.5→ 0 total→ Common Stock (5,462,770 underlying) - Conversion
Common Stock
2013-10-22+218,094→ 218,094 total(indirect: By Blue Moon)
Footnotes (4)
- [F1]The Reporting Person originally owned 273,138.50 of Digital Angel Corporation's Series C Convertible Preferred Stock which automatically converted into 5,462,770 shares of the Issuer's common stock upon the effectiveness of the 30-for-1 reverse stock split on October 22, 2013.
- [F2]The Reporting Person originally owned 10,904.70 of Digital Angel Corporation's Series C Convertible Preferred Stock which automatically converted into 218,094 shares of the Issuer's common stock upon the effectiveness of the 30-for-1 reverse stock split on October 22, 2013.
- [F3]These shares are owned directly by Blue Moon Energy Partners, LLC ("Blue Moon"), of which the reporting person is a manager and controlling person of R&R Consulting Partners, LLC which is a member with a 50% interest in Blue Moon. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein and the inclusion of the shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.
- [F4]Reflects 30-for-1 reverse stock split which became effective on October 22, 2013.