4//SEC Filing
DIGILITI MONEY GROUP, INC. 4
Accession 0001493152-17-006515
CIK 0001487906operating
Filed
Jun 11, 8:00 PM ET
Accepted
Jun 12, 5:46 PM ET
Size
18.0 KB
Accession
0001493152-17-006515
Insider Transaction Report
Form 4
DAVIS JAMES L
Director
Transactions
- Purchase
Warrant (Right to Buy)
2017-01-24+10,371→ 10,371 totalExercise: $7.41From: 2017-01-24Exp: 2022-01-23→ Common Stock (10,371 underlying) - Award
Warrant (Right to Buy)
2017-01-26+696→ 696 totalExercise: $3.60From: 2017-01-26Exp: 2022-01-25→ Common Stock (696 underlying) - Other
Warrant (Right to Buy)
2017-03-02+24,024→ 24,024 totalExercise: $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 totalExercise: $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 totalFrom: 2017-03-15Exp: 2018-04-30→ Common Stock (265,033 underlying) - Purchase
Series C Convertible Preferred Stock
2017-03-15+367,275→ 367,275 totalFrom: 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
Issuer
DIGILITI MONEY GROUP, INC.
CIK 0001487906
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001487906
Filing Metadata
- Form type
- 4
- Filed
- Jun 11, 8:00 PM ET
- Accepted
- Jun 12, 5:46 PM ET
- Size
- 18.0 KB