PayMeOn, Inc. 4
4 · PayMeOn, Inc. · Filed Oct 3, 2014
Insider Transaction Report
Form 4
PayMeOn, Inc.PAYM
Celentano Vincent L.
10% Owner
Transactions
- Conversion
7% Unsecured Convertible Promissory Note
2014-09-29−524,250Exercise: $0.12→ Common Stock (524,250 underlying) - Conversion
Common Stock
2014-09-29+503,689→ 5,332,678 total(indirect: See footnote) - Conversion
7% Unsecured Convertible Promissory Note
2014-09-29−503,689(indirect: See footnote)Exercise: $0.18→ Common Stock (503,689 underlying) - Conversion
Common Stock
2014-09-29+524,250→ 5,856,928 total
Footnotes (3)
- [F1]Shares acquired by Celentano Consulting Company, LLC, through conversion of 7% unsecured convertible promissory notes in the aggregate principal and accrued interest amount of $71,195 on September 29, 2014, at conversion prices of $0.10 - $0.345 per share and a weighted average exercise price of $0.18 per share. Mr. Celentano is the manager of Celentano Consulting Company. The notes were initially issued on various dates between January, 2014 and March, 2014.
- [F2]Shares acquired by Vincent L. Celentano through conversion of 7% unsecured convertible promissory notes in the aggregate principal and accrued interest amount of $62,910 on Septemberr 29, 2014 at a conversion price of $0.12 per share. The notes were initially issued on various dates between March, 2014 and May, 2014.
- [F3]Reporting Person beneficially owns 7% unsecured convertible promissory notes in the aggregate principal amount and accrued interest of $92,657 at September 30, 2014. The notes are convertible at $0.12 per share. Reporting Person also beneficially owns 7% senior, secured convertible promissory notes in the aggregate principal amount and accrued interest of $186,160 at September 30, 2014. The senior, secured convertible promissory notes are convertible at $0.345 per share.