4//SEC Filing
DIGILITI MONEY GROUP, INC. 4
Accession 0001493152-17-007364
CIK 0001487906operating
Filed
Jun 29, 8:00 PM ET
Accepted
Jun 30, 12:46 PM ET
Size
17.9 KB
Accession
0001493152-17-007364
Insider Transaction Report
Form 4
Hanson Michael John
Director
Transactions
- Purchase
Series C Convertible Preferred Stock
2015-01-24+281,246→ 281,246 totalFrom: 2017-03-15→ Common Stock (281,246 underlying) - Other
Revolving Line of Credit Note (Right to Buy)
2017-01-24$678947.00/sh+150,878$102,438,165,466→ 150,878 totalFrom: 2017-03-15→ Common Stock (150,878 underlying) - Purchase
Warrant (Right to Buy)
2017-01-24+3,334→ 3,334 totalExercise: $7.41From: 2017-01-24Exp: 2022-01-23→ Common Stock (3,334 underlying) - Award
Warrant (Right to Buy)
2017-01-26+3,858→ 3,858 totalExercise: $3.60From: 2017-01-26Exp: 2022-01-25→ Common Stock (3,858 underlying) - Other
Warrant (Right to Buy)
2017-03-10+90,526→ 90,526 totalExercise: $4.50From: 2017-03-10Exp: 2022-03-11→ Common Stock (90,526 underlying) - Purchase
Convertible Promissory Note
2017-01-24$2487968.00/sh+691,104$1,719,444,636,672→ 691,104 totalFrom: 2017-03-15Exp: 2018-04-30→ Common Stock (691,104 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 Issuer's common stock on a $3.60-for-$1.00 basis.
- [F3]The Series C Convertible Preferred Stock converted 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]Reflects an amendment to the Revolving Line of Credit Note convertible into the Issuer's Common Stock on a $4.50-for-$1.00 basis.
- [F5]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 cash repayment of $158,900 interest accrued in connection with the convertible note.
- [F6]Issued pursuant to a Convertible Note Payable agreement between the Issuer and the Reporting Person.
- [F7]Issued in consideration of the conversion of the Revolving Line of Credit Note in footnote (4) pursuant to an agreement between the Reporting Person and Issuer.
Documents
Issuer
DIGILITI MONEY GROUP, INC.
CIK 0001487906
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001487906
Filing Metadata
- Form type
- 4
- Filed
- Jun 29, 8:00 PM ET
- Accepted
- Jun 30, 12:46 PM ET
- Size
- 17.9 KB