DIAMONDHEAD CASINO CORP 4

4 · DIAMONDHEAD CASINO CORP · Filed Apr 4, 2016

Form 4

Period: 2015-09-16

DirectorVICE PRESIDENT

Transactions

Purchase
COMMON STOCK
2015-12-31$0.11/sh+30,000$3,174→ 1,247,279 total
Expiration
OPTION TO BUY COMMON STOCK
2015-09-16$1.25/sh+150,000$187,500→ 150,000 total
Exercise: $1.25From: 2015-09-16Exp: 2018-03-13→ COMMON STOCK (150,000 underlying)
Discretionary Transaction
COMMON STOCK
2016-02-10+15,275→ 15,275 total(indirect: ESOP Participant Account)
Award
OPTION TO BUY COMMON STOCK
2013-03-11$1.25/sh−150,000$187,500→ 0 total
Exercise: $1.25From: 2013-01-19Exp: 2015-10-27→ COMMON STOCK (150,000 underlying)

Holdings

CONVERTIBLE PROMISSORY NOTE
Exercise: $0.50From: 2010-03-31Exp: 2020-03-31→ COMMON STOCK (50,000 underlying)
50,000
CONVERTIBLE DEBENTURE
Exercise: $0.30From: 2010-03-31Exp: 2020-03-31→ COMMON STOCK (166,667 underlying)
166,667

Footnotes (4)

[F1]On September 16, 2015, the Board of Directors extended the expiration date of a previously awarded option to purchase common stock from October 27, 2015 to March 13, 2018.
[F2]The Convertible Promissory Note was due for repayment on March 31, 2012, but remains oustanding and, therefore, the convertible feature remains intact until the earlier of conversion or redemption of the note by the Company.
[F3]Conversion of the Convertible Debenture into common stock occurs automatically when certain conditions are met as more fully described in the Amended and Restated First Tranche Collateralized Convertible Senior Debenture issued as of March 31, 2014.
[F4]The Company recently updated its Trust accounting for the Employee Stock Ownership Plan for the years 2010 through 2014.

Documents

1 file