PSM HOLDINGS INC 4
4 · PSM HOLDINGS INC · Filed Jul 5, 2016
Insider Transaction Report
Form 4
PSM HOLDINGS INCPSMH
LB Merchant PSMH-2, LLC
10% Owner
Transactions
- Other
Preferred Series C Stock
2016-06-30$1000.00/sh+2,999,400$2,999,400,000→ 79,799,400 totalExercise: $0.03From: 2014-04-01→ Common Stock (2,999,400 underlying)
Holdings
- 5,479
Common Stock
Footnotes (2)
- [F1]The 1,800 shares of Series C Convertible Preferred Stock are convertible at a rate of 44,333 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 C Preferred Stock regarding voluntary conversion of the Series C 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 C Preferred Stock.
- [F2]No Expiration Date.