DIGILITI MONEY GROUP, INC. 4

4 · DIGILITI MONEY GROUP, INC. · Filed Jun 12, 2017

Form 4

Period: 2017-01-24

Director

Transactions

Purchase
Warrant (Right to Buy)
2017-01-24+10,371→ 10,371 total
Exercise: $7.41From: 2017-01-24Exp: 2022-01-23→ Common Stock (10,371 underlying)
Award
Warrant (Right to Buy)
2017-01-26+696→ 696 total
Exercise: $3.60From: 2017-01-26Exp: 2022-01-25→ Common Stock (696 underlying)
Other
Warrant (Right to Buy)
2017-03-02+24,024→ 24,024 total
Exercise: $3.60From: 2017-03-02Exp: 2022-03-01→ Common Stock (24,024 underlying)
Award
Warrant (Right to Buy)
2017-01-25+28,704→ 28,704 total
Exercise: $3.60From: 2017-01-25Exp: 2022-01-24→ Common Stock (28,704 underlying)
Purchase
Convertible Promissory Note
2017-01-24$954138.00/sh+265,033$252,878,056,554→ 265,033 total
From: 2017-03-15Exp: 2018-04-30→ Common Stock (265,033 underlying)
Purchase
Series C Convertible Preferred Stock
2017-03-15+367,275→ 367,275 total
From: 2017-03-15→ Common Stock (367,275 underlying)

Footnotes (7)

[F1]Reflects 1-for-1.5 reverse stock split which became effective on March 9, 2017.
[F2]Convertible Term Promissory Note convertible into the Issuer's common stock on a $3.60-for-$1.00 basis.
[F3]Series C Convertible Preferred Stock convertible into the Issuer's Common Stock on a $3.60-for-$1.00 basis. (This filing is deemed to correct the typographical error contained within Form 4 filed on March 20, 2017, which incorrectly stated a conversion basis of $3.60-for-$100.)
[F4]Issued in consideration of the Reporting Person's agreement to convert a Convertible Term Promissory Note from the Issuer into the Issuer's common stock and to accept warrants in lieu of a cash repayment of $1,085 interest accrued in connection with the convertible note.
[F5]Issued in conjunction with a Note Payable agreement between the Issuer and the Reporting Person as inducement to enter into the loan. The Issuer's Board approved the transaction.
[F6]Issued pursuant to a Convertible Note Payable agreement between the Issuer and the Reporting Person.
[F7]The Issuer issued the Warrants to the Reporting Person as consideration for his participation in certain financing presented to the Company.

Documents

1 file