Home/Filings/4/0001493152-17-007364
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
Period: 2017-01-24
Transactions
  • Purchase

    Series C Convertible Preferred Stock

    2015-01-24+281,246281,246 total
    From: 2017-03-15Common Stock (281,246 underlying)
  • Other

    Revolving Line of Credit Note (Right to Buy)

    2017-01-24$678947.00/sh+150,878$102,438,165,466150,878 total
    From: 2017-03-15Common Stock (150,878 underlying)
  • Purchase

    Warrant (Right to Buy)

    2017-01-24+3,3343,334 total
    Exercise: $7.41From: 2017-01-24Exp: 2022-01-23Common Stock (3,334 underlying)
  • Award

    Warrant (Right to Buy)

    2017-01-26+3,8583,858 total
    Exercise: $3.60From: 2017-01-26Exp: 2022-01-25Common Stock (3,858 underlying)
  • Other

    Warrant (Right to Buy)

    2017-03-10+90,52690,526 total
    Exercise: $4.50From: 2017-03-10Exp: 2022-03-11Common Stock (90,526 underlying)
  • Purchase

    Convertible Promissory Note

    2017-01-24$2487968.00/sh+691,104$1,719,444,636,672691,104 total
    From: 2017-03-15Exp: 2018-04-30Common 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

1 file

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