RMG Networks Holding Corp 4
4 · RMG Networks Holding Corp · Filed Mar 30, 2015
Insider Transaction Report
Form 4
Sachs Gregory H
DirectorCEO, President and Chairman10% Owner
Transactions
- Purchase
Series A Convertible Preferred Stock
2015-03-26$100.00/sh+73,333.33$7,333,333→ 73,333.33 total(indirect: By LLC)→ Common Stock (7,333,333 underlying)
Footnotes (1)
- [F1]The Series A Convertible Preferred Stock has a face value of $100 per share and is convertible into common stock at a conversion price of $1.00 per share. The Series A Convertible Preferred Stock is mandatorily converted into common stock upon an affirmative stockholder vote approving the conversion and have no expiration date.