Home/Filings/4/0001493152-16-009335
4//SEC Filing

PCS EDVENTURES COM INC 4

Accession 0001493152-16-009335

$PCSVCIK 0001122020operating

Filed

May 2, 8:00 PM ET

Accepted

May 3, 11:42 AM ET

Size

10.5 KB

Accession

0001493152-16-009335

Insider Transaction Report

Form 4
Period: 2016-04-29
Transactions
  • Award

    Rule 144 Restricted Common Stock

    2016-04-29$0.04/sh+5,763,014$230,52131,588,404 total
  • Award

    Restricted Common Stock Unit

    2015-09-24+81,00081,000 total
    Exercise: $0.19From: 2016-09-30Exp: 2016-09-30Restricted Common Stock Unit (81,000 underlying)
  • Award

    Warrants to purchase Common Stock

    2015-01-22$0.04/sh+2,000,000$80,0002,000,000 total
    Exercise: $0.04From: 2015-01-22Exp: 2018-01-22Restricted Common Stock Unit (2,000,000 underlying)
Footnotes (3)
  • [F1]Convertible Promissory Note dated October 21, 2014, at the sole option of Lender, the outstanding balance of this Note and accrued interest may be converted into shares of Rule 144 Restricted Common Stock of the Borrower at a price per share of $0.04.
  • [F2]As part of the Promissory Note first dated January 16, 2015, the Company has issued warrants ("Original Warrants") to acquire up to 2,000,000 shares of Company's common stock for $0.04 per share exercisable at any time within 36 months after the date of issuance of the Original Warrants.
  • [F3]Grant of Restricted Stock Units. The Board of Directors of the Company also granted the Participant 81,000 Restricted Stock Units on September 24, 2015 (the "Grant Date"), in accordance with the provisions of Article 6 of the Company's Plan, at the close of market price, representing compensation for board services for the period of October 1, 2015, through September 30, 2016. Each Restricted Stock Unit represents the right to receive one share of the Company's common stock in the future, subject to the restrictions and other conditions set forth in the Restricted Stock Unit Award Agreement (the "Agreement") and in the Plan.

Documents

1 file

Issuer

PCS EDVENTURES COM INC

CIK 0001122020

Entity typeoperating
IncorporatedID

Related Parties

1
  • filerCIK 0001122020

Filing Metadata

Form type
4
Filed
May 2, 8:00 PM ET
Accepted
May 3, 11:42 AM ET
Size
10.5 KB