4//SEC Filing
Lugassy Avy 4
Accession 0001654954-21-000440
CIK 0001113513other
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 11:24 AM ET
Size
10.3 KB
Accession
0001654954-21-000440
Insider Transaction Report
Form 4
Lugassy Avy
10% Owner
Transactions
- Other
Series A Convertible Preferred Shares
2020-12-23$42.90/sh+433,008$18,576,043→ 441,164 total(indirect: Reporting Person beneficially owns or controls entities that own the derivative securities)→ Common Shares (12,990,240 underlying) - Purchase
Series A Convertible Preferred Shares
2020-12-21$42.90/sh+8,156$349,892→ 8,156 total(indirect: Reporting Person beneficially owns or controls entities that own the derivative securities)→ Common Shares (244,680 underlying) - Purchase
Series A Convertible Preferred Shares
2021-01-13$42.90/sh+10,723$460,017→ 451,887 total(indirect: Reporting Person beneficially owns or controls entities that own the derivative securities)→ Common Shares (321,690 underlying)
Footnotes (4)
- [F1]Each share of Series A Convertible Preferred convert into 30 shares of common stock
- [F2]433,008 shares of Series A Convertible Preferred stock have been issued in exchange of $18,576,007 of face value of debt securities, including accrued interest. Of $18,576,007 in debt exchanged, $17,211,007 was convertible and $1,365,000 was non-convertible.
- [F3]Series A Preferred are convertible at the option of the holder
- [F4]The preferred shares are perpetual
Issuer
MobileSmith, Inc.
CIK 0001113513
Entity typeother
Related Parties
1- filerCIK 0001569742
Filing Metadata
- Form type
- 4
- Filed
- Jan 13, 7:00 PM ET
- Accepted
- Jan 14, 11:24 AM ET
- Size
- 10.3 KB