MCMAHON BRIAN P 4
4 · FTE Networks, Inc. · Filed Jul 3, 2019
Insider Transaction Report
Form 4
MCMAHON BRIAN P
Other
Transactions
- Other
Series A-1 Preferred Stock
2019-07-02+197→ 197 totalExercise: $0.62→ Common Stock (317,742 underlying) - Other
Series A Preferred Stock
2019-07-02−1,351→ 0 totalExercise: $0.62→ Common Stock (2,179,032 underlying) - Other
Series G Convertible Preferred Stock
2018-09-13−1,780→ 0 totalFrom: 2018-04-04→ Common Stock (178,000 underlying) - Other
Series A Preferred Stock
2019-07-02+1,351→ 1,351 totalExercise: $0.62→ Common Stock (2,179,032 underlying) - Conversion
Common Stock
2018-09-13+178,000→ 713,026 total - Other
Series A-1 Preferred Stock
2019-07-02−197→ 0 totalExercise: $0.62→ Common Stock (317,742 underlying) - Other
Series H Preferred Stock
2019-07-02+67→ 67 total
Footnotes (5)
- [F1]On July 2, 2019, the Reporting Person was issued 1,351 shares of Series A Preferred Stock and 197 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.
- [F2]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.
- [F3]On July 2, 2019, the Reporting Person exchanged 1,351 shares of Series A Preferred Stock and 197 shares of Series A-1 Preferred Stock for 33 shares of Series H Preferred Stock, in connection with the Issuer's debt restructuring.
- [F4]The Reporting Person's Series G Convertible Preferred Stock was converted into shares of Common Stock for no consideration.
- [F5]Each share of Series G Convertible Preferred Stock is convertible into 100 shares of Common Stock commencing on April 3, 2018 and has no expiration date.