CACHET FINANCIAL SOLUTIONS, INC. 4
4 · CACHET FINANCIAL SOLUTIONS, INC. · Filed Mar 20, 2017
Insider Transaction Report
Form 4
Hanson Michael John
Director
Transactions
- Other
Revolving Line of Credit Note
2017-03-15−150,878→ 0 total→ Common Stock (150,878 underlying) - Other
Common Stock
2017-03-15+691,104→ 1,194,656 total - Conversion
Common Stock
2017-03-15+281,246→ 1,475,902 total - Other
Common Stock
2017-03-15+150,878→ 1,626,780 total - Other
Convertible Promissory Note Payable
2017-03-15−691,104→ 0 total→ Common Stock (691,104 underlying) - Conversion
Series C Convertible Preferred Stock
2017-03-15−281,246→ 0 total→ Common Stock (281,246 underlying)
Footnotes (4)
- [F1]A $1,903,757.07 Convertible Term Promissory Note converted into Cachet Financial Solutions, Inc. common stock on a $3.60-for-$1.00 basis.
- [F2]The Series C Convertible Preferred Stock converted into Cachet Financial Solutions, Inc. Common Stock on a $3.60 for $100 basis.
- [F3]Reflects 1-for-1.5 reverse stock split which became effective on March 9, 2017.
- [F4]Revolving Line of Credit Note Payable converted into Cachet Financial Solutions Inc. Common Stock on a $4.50 for $1.00 basis.