PSM HOLDINGS INC 4
4 · PSM HOLDINGS INC · Filed Jul 5, 2016
Insider Transaction Report
Form 4
PSM HOLDINGS INCPSMH
LB Merchant PSMH-1, LLC
10% Owner
Transactions
- Other
Preferred Series A Stock
2016-06-30$1000.00/sh+2,312,500$2,312,500,000→ 61,512,500 totalExercise: $0.08From: 2013-02-04→ Common Stock (2,312,500 underlying)
Holdings
- 35,567
Common Stock
Footnotes (2)
- [F1]The 3,700 shares of Series A Convertible Preferred Stock are convertible at a rate of 16,625 shares of Common Stock for each share of preferred stock converted. On June 30, 2016, pursuant to the provisions of the Certificate of Designation for the Series A Preferred Stock regarding voluntary conversion of the Series A Preferred Stock into Common Stock, a quarterly dividend was accrued but unpaid, which increased the convertible amount pursuant to the formula contained in the Certificate of Designation for the Series A Preferred Stock.
- [F2]No Expiration Date.