PSM HOLDINGS INC 4
4 · PSM HOLDINGS INC · Filed Apr 8, 2016
Insider Transaction Report
Form 4
PSM HOLDINGS INCPSMH
Miller Jim
Director
Transactions
- Other
Warrants
2016-04-06+50,000→ 50,000 totalExercise: $0.04From: 2014-02-13Exp: 2019-02-13→ Common Stock (50,000 underlying)
Holdings
- 1,000,000(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]On April 6, 2016, the Company issued 862.5 Series E Preferred Stock with a conversion price of $0.01 which triggered an adjustment in the conversion price of the warrants pursuant to the Certificate of Designation.
- [F2]Received warrants pursuant to the Bridge Loan Agreement dated 2/10/14
- [F3]For each $1.00 loaned to the Borrower, the Lender shall receive FOUR-TENTHS (0.4) of one warrant to purchase shares of common stock. An aggregate of $125,000 was paid by Mr. Miller.