Home/Filings/4/0001553350-14-001173
4//SEC Filing

PayMeOn, Inc. 4

Accession 0001553350-14-001173

$BASACIK 0001448705operating

Filed

Oct 2, 8:00 PM ET

Accepted

Oct 3, 10:14 AM ET

Size

14.1 KB

Accession

0001553350-14-001173

Insider Transaction Report

Form 4
Period: 2014-09-29
Transactions
  • Conversion

    7% Unsecured Convertible Promissory Note

    2014-09-29524,250
    Exercise: $0.12Common Stock (524,250 underlying)
  • Conversion

    Common Stock

    2014-09-29+503,6895,332,678 total(indirect: See footnote)
  • Conversion

    7% Unsecured Convertible Promissory Note

    2014-09-29503,689(indirect: See footnote)
    Exercise: $0.18Common Stock (503,689 underlying)
  • Conversion

    Common Stock

    2014-09-29+524,2505,856,928 total
Transactions
  • Conversion

    Common Stock

    2014-09-29+524,2505,856,928 total
  • Conversion

    Common Stock

    2014-09-29+503,6895,332,678 total(indirect: See footnote)
  • Conversion

    7% Unsecured Convertible Promissory Note

    2014-09-29503,689(indirect: See footnote)
    Exercise: $0.18Common Stock (503,689 underlying)
  • Conversion

    7% Unsecured Convertible Promissory Note

    2014-09-29524,250
    Exercise: $0.12Common Stock (524,250 underlying)
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.

Issuer

PayMeOn, Inc.

CIK 0001448705

Entity typeoperating
IncorporatedNV

Related Parties

1
  • filerCIK 0001448705

Filing Metadata

Form type
4
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 10:14 AM ET
Size
14.1 KB