4//SEC Filing
WIT CORNELIS F 4
Accession 0001437749-22-022156
CIK 0000719274other
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 6:11 AM ET
Size
9.6 KB
Accession
0001437749-22-022156
Insider Transaction Report
Form 4
GIGA TRONICS INCGIGA
WIT CORNELIS F
10% Owner
Transactions
- Disposition to Issuer
Series D Convertible Voting Perpetual Preferred Shares
2022-09-08$143.00/sh−4,582.86$655,349→ 0 totalExercise: $21.45→ Common Stock (30,552 underlying) - Disposition to Issuer
Series B Convertible Voting Perpetual Preferred Shares
2022-09-08$231.00/sh−8,230.69$1,901,289→ 0 totalExercise: $34.65→ Common Stock (54,871 underlying) - Disposition to Issuer
Series C Convertible Voting Perpetual Preferred Shares
2022-09-08$146.00/sh−3,070.65$448,315→ 0 totalExercise: $21.90→ Common Stock (20,471 underlying)
Footnotes (2)
- [F1]Each share of preferred stock is convertible at any time upon request into shares of common stock on a 1:6.67 basis. Such preferred stock has no expiration date.
- [F2]The Issuer agreed to repurchase all shares of its outstanding preferred stock upon the closing of the transactions contemplated by the Share Exchange Agreement dated as of December 27, 2021 by and among the Issuer, BitNile Holdings, Inc. and Gresham Worldwide, Inc., which closing occurred on September 8, 2022.
Documents
Issuer
GIGA TRONICS INC
CIK 0000719274
Entity typeother
Related Parties
1- filerCIK 0001238906
Filing Metadata
- Form type
- 4
- Filed
- Sep 11, 8:00 PM ET
- Accepted
- Sep 12, 6:11 AM ET
- Size
- 9.6 KB