SALON MEDIA GROUP INC 4
4 · SALON MEDIA GROUP INC · Filed Jan 30, 2017
Insider Transaction Report
Form 4
SALON MEDIA GROUP INCSLNM.OB
HAMBRECHT ELIZABETH BOYER
Interim CFO
Transactions
- Award
Series A Mandatorily Convertible Voting Preferred Stock
2017-01-26$1.24/sh+129,947$161,134→ 1,965,320 total(indirect: By Trust)
Footnotes (1)
- [F1]The Series A Mandatorily Convertible Voting Preferred Stock will automatically convert into Common Stock upon the effectiveness of an amendment to the Company's current Restated Certificate of Incorporation authorizing sufficient shares of Common Stock for issuance on the conversion of the Series A Preferred Stock. Following the conversion into Common Stock, the Amount of Beneficially Owned Securities Following Reported Transaction will be 14,960,020.