VIRTUAL PIGGY, INC. 4
4 · VIRTUAL PIGGY, INC. · Filed Oct 31, 2014
Insider Transaction Report
Form 4
DEJORIA JOHN PAUL
10% Owner
Transactions
- Purchase
Warrants (Right to Buy)
2014-10-30+2,222,300→ 2,222,300 total(indirect: By Trust)Exercise: $1.00From: 2014-10-30Exp: 2016-10-30→ Common Stock (2,222,300 underlying) - Purchase
Series B Cumulative Convertible Preferred Stock
2014-10-30$90.00/sh+22,223$2,000,070→ 22,223 total(indirect: By Trust)Exercise: $0.90→ Common Stock (2,222,300 underlying)
Footnotes (3)
- [F1]The Series B Cumulative Preferred Stock is convertible at any time, at the holder's election, and has no expiration date.
- [F2]Each share of Series B Cumulative Convertible Preferred Stock may be converted into 100 shares of Common Stock at a deemed conversion price of $0.90 per share subject to certain anti-dilution adjustments.
- [F3]These shares are owned directly by The John Paul DeJoria Family Trust and John Paul DeJoria is the trustee and the settlor of the trust.