Home/Filings/4/0001493152-23-018928
4//SEC Filing

McCain Andrew K 4

Accession 0001493152-23-018928

CIK 0001777319other

Filed

May 23, 8:00 PM ET

Accepted

May 24, 4:30 PM ET

Size

13.8 KB

Accession

0001493152-23-018928

Insider Transaction Report

Form 4
Period: 2020-12-22
Transactions
  • Conversion

    Common Stock, par value $0.00001

    2021-12-31$2.00/sh+1,500,000$3,000,0003,000,000 total(indirect: Hensley & Company)
  • Purchase

    Common Stock, par value $0.00001

    2020-12-22$2.00/sh+250,000$500,0001,500,000 total(indirect: Hensley & Company)
  • Purchase

    6.0% Unsecured Convertible Note

    2020-12-23$3000000.00/sh(indirect: Hensley & Company)
    Exercise: $2.00From: 2020-12-23Exp: 2021-12-31Common Stock, par value $0.00001 (1,500,000 underlying)
  • Conversion

    6.0% Unsecured Convertible Note

    2021-12-310 total(indirect: Hensley & Company)
    Exercise: $2.00From: 2020-12-23Exp: 2021-12-31Common Stock, par value $0.00001 (1,500,000 underlying)
Holdings
  • Common Stock, par value $0.00001

    (indirect: By Trust)
    375,000
Footnotes (3)
  • [F1]The Reporting Person is the President and Chief Operating Officer of Hensley & Company. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
  • [F2]The Reporting Person is the executor of the Andrew and Lucy McCain Family Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
  • [F3]Represents the original principal amount of the 6.0% Unsecured Convertible Note (the "Note") and excludes interest. Interest on the Note was payable monthly at a rate of 6.0% per annum. At any time prior to or on the maturity date of the Note, and subject to certain beneficial ownership limitations, the Reporting Person had the right to convert all or any portion of the outstanding principal amount of the Note and all accrued and unpaid interest thereon into shares of common stock, par value $0.00001 per share, of the Issuer at a conversion price of $2.00 per share. The conversion price was subject to adjustment for subdivision or consolidation of shares and other standard dilutive events.

Documents

1 file

Issuer

CISO Global, Inc.

CIK 0001777319

Entity typeother

Related Parties

1
  • filerCIK 0001428619

Filing Metadata

Form type
4
Filed
May 23, 8:00 PM ET
Accepted
May 24, 4:30 PM ET
Size
13.8 KB