HANNA FRANK J III 4
4 · Atlanticus Holdings Corp · Filed Dec 31, 2019
Insider Transaction Report
Form 4
HANNA FRANK J III
10% Owner
Transactions
- Award
Series A Convertible Preferred Stock
2019-12-27$100.00/sh+200,000$20,000,000→ 200,000 total(indirect: By LLC)Exercise: $10.00From: 2019-12-27→ Common Stock (2,000,000 underlying)
Holdings
- 4,098,072(indirect: By LLC)
Common Stock
Footnotes (3)
- [F1]The reporting person disclaims beneficial ownership of these securities except to the extent of the reporting person's pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
- [F2]The LLC acquired the Series A Convertible Preferred Stock from the issuer in exchange for full satisfaction of outstanding loans to the issuer from the LLC.
- [F3]The Series A Convertible Preferred Stock is perpetual and therefore has no expiration date.