4//SEC Filing
JARVIS STEPHEN 4
Accession 0001493152-18-016721
CIK 0001076522other
Filed
Nov 25, 7:00 PM ET
Accepted
Nov 26, 5:06 PM ET
Size
10.6 KB
Accession
0001493152-18-016721
Insider Transaction Report
Form 4
ICTV Brands Inc.ICTV
JARVIS STEPHEN
Director
Transactions
- Award
Convertible Secured Promissory Note
2018-11-20$100000.00/shFrom: 2018-11-20→ Common Stock - Award
Common Stock
2018-11-20+100,000→ 646,999 total - Award
Common Stock Purchase Warrant
2018-11-20+100,000→ 100,000 totalExercise: $0.05From: 2018-11-20→ Common Stock (100,000 underlying)
Footnotes (5)
- [F1]On November 20, 2018, Mr. Jarvis loaned the Company $100,000 on the terms and conditions set forth in a one-year 10% Secured Convertible Promissory Note (the "Note"). As consideration for the loan, the Company issued to Mr. Jarvis (1) 100,000 shares of Common Stock; and (2) a Warrant to purchase up to 100,000 shares of Common Stock.
- [F2]Includes 191,667 shares as to which Mr. Jarvis holds exercisable options within 60 days.
- [F3]The Common Stock Purchase Warrant does not have an expiration date.
- [F4]On November 20, 2018, Mr. Jarvis loaned the Company $100,000 on the terms and conditions set forth in a one-year 10% Secured Convertible Promissory Note (the "Note"). As consideration for the loan, the Company issued to Mr. Jarvis (1) 100,000 shares of Common Stock; and (2) a Warrant to purchase up to 100,000 shares of Common Stock.
- [F5]At any time on or before the repayment in full of the Note, Mr. Jarvis has the option, in his sole and absolute discretion, from time to time and at any time, to convert all or any portion of the principal amount of the Note into duly authorized, validly issued, fully paid and non-assessable shares of common stock of the Company at a per share conversion price equal to the average closing price of the Company's Common Stock over the ten trading days prior to November 20, 2018.
Documents
Issuer
ICTV Brands Inc.
CIK 0001076522
Entity typeother
Related Parties
1- filerCIK 0001263218
Filing Metadata
- Form type
- 4
- Filed
- Nov 25, 7:00 PM ET
- Accepted
- Nov 26, 5:06 PM ET
- Size
- 10.6 KB