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4//SEC Filing

Friedman Michael 4

Accession 0001437749-20-008151

CIK 0000870826other

View on SEC.gov Company Profile

Filed

Apr 20, 8:00 PM ET

Accepted

Apr 21, 8:49 PM ET

Size

19.5 KB

Accession

0001437749-20-008151

Insider Transaction Report

Form 4

Period: 2020-04-17

iMedia Brands, Inc.IMBI

Friedman Michael

Director

Transactions

Purchase
Warrants (right to buy)
2020-04-17+61,199→ 61,199 total
Exercise: $2.66From: 2020-12-13Exp: 2025-04-14→ Common Stock (61,199 underlying)
Purchase
Warrants (right to buy)
2020-04-17+122,399→ 122,399 total
Exercise: $2.66From: 2021-01-11Exp: 2025-04-14→ Common Stock (122,399 underlying)
Purchase
Common Stock
2020-04-17$2.06/sh+651,444$1,344,059→ 911,045 total
Purchase
Warrants (right to buy)
2020-04-17+61,199→ 61,199 total
Exercise: $2.66From: 2020-11-23Exp: 2025-04-14→ Common Stock (61,199 underlying)
Purchase
Warrants (right to buy)
2020-04-17+122,399→ 122,399 total
Exercise: $2.66From: 2020-10-17Exp: 2025-04-14→ Common Stock (122,399 underlying)
Purchase
Warrants (right to buy)
2020-04-17+75,578→ 75,578 total
Exercise: $0.00From: 2020-07-11Exp: 2025-04-14→ Common Stock (75,578 underlying)

Footnotes (2)

[F1]Consists of: (ii) 242,341 shares of Common Stock purchased in the first tranche pursuant to the Common Stock and Warrant Purchase Agreement, dated April 14, 2020, by and between the Issuer and the Purchasers listed therein (the "Purchase Agreement"), which closed on April 17, 2020; (ii) 121,170 shares of Common Stock to be purchased in the second tranche pursuant to the Purchase Agreement, which is set to close on May 23, 2020; (iii) 121,170 shares of Common Stock to be purchased in the third tranche pursuant to the Purchase Agreement, which is set to close on June 13, 2020; and (iv) 166,763 shares of Common Stock to be purchased in the fourth tranche pursuant to the Purchase Agreement, which is set to close on July 11, 2020 (which assumes that the 19.999% blocker limitation set forth in the Purchase Agreement will be implicated and that 75,578 blocker warrants will be issued in lieu of shares of Common Stock which will be immediately exercisable with an exercise price of $0.001).
[F2]After taking into account the 1-for-10 reverse stock split effective December 11, 2019.

Documents

2 files

Issuer

iMedia Brands, Inc.

CIK 0000870826

Entity typeother

Related Parties

1

filerCIK 0001775677

Filing Metadata

Form type: 4
Filed: Apr 20, 8:00 PM ET
Accepted: Apr 21, 8:49 PM ET
Size: 19.5 KB

View on SEC.gov