CACHET FINANCIAL SOLUTIONS, INC. 4
4 · CACHET FINANCIAL SOLUTIONS, INC. · Filed Mar 20, 2017
Insider Transaction Report
Form 4
DAVIS JAMES L
Director
Transactions
- Other
Common Stock
2017-03-15+265,033→ 1,056,729 total - Conversion
Common Stock
2017-03-15+367,275→ 1,424,004 total - Other
Convertible Promissory Note Payable
2017-03-15−265,033→ 0 total→ Common Stock (265,033 underlying) - Conversion
Series C Convertible Preferred Stock
2017-03-15−367,275→ 0 total→ Common Stock (367,275 underlying)
Footnotes (3)
- [F1]A $896,242 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