SACRAMONE FRED 4

4 · FTE Networks, Inc. · Filed Jul 3, 2019

Form 4

Period: 2019-02-12

President of Subsidiary

Transactions

Other
Series A-1 Preferred Stock
2019-07-02+99→ 99 total
Exercise: $0.62→ Common Stock (159,678 underlying)
Other
Common Stock
2019-02-12+356,513→ 713,026 total
Other
Series H Preferred Stock
2019-07-02+33→ 33 total
Other
Series A Preferred Stock
2019-07-02+650→ 650 total
Exercise: $0.62→ Common Stock (1,048,387 underlying)
Other
Series A-1 Preferred Stock
2019-07-02−99→ 0 total
Exercise: $0.62→ Common Stock (159,678 underlying)
Other
Series A Preferred Stock
2019-07-02−650→ 0 total
Exercise: $0.62→ Common Stock (1,048,387 underlying)

Footnotes (4)

[F1]On February 12, 2019, the Reporting Person was issued 356,513 shares of Common Stock in connection with the provision of a bridge loan to the Issuer.
[F2]On July 2, 2019, the Reporting Person was issued 650 shares of Series A Preferred Stock and 99 shares of Series A-1 Preferred Stock as partial consideration for restructuring certain of the Reporting Person's promissory notes in connection with the Issuer's debt restructuring.
[F3]The Series A Preferred Stock and Series A-1 Preferred Stock are perpetual and can be converted into shares of the Issuer's Common Stock any time at the holder's option.
[F4]On July 2, 2019, the Reporting Person exchanged 650 shares of Series A Preferred Stock and 99 shares of Series A-1 Preferred Stock for 33 shares of Series H Preferred Stock, in connection with the Issuer's debt restructuring.

Documents

1 file