Heyward Andy 4/A
4/A · Genius Brands International, Inc. · Filed Jul 2, 2020
Insider Transaction Report
Form 4/AAmended
HEYWARD ANDREW A
DirectorCEO10% Owner
Transactions
- Tax Payment
Common Stock, par value $0.001 per share
2020-06-19$2.94/sh−12,545$36,882→ 7,035,711 total - Tax Payment
Common Stock, par value $0.001 per share
2020-06-19$2.94/sh−448,029$1,317,205→ 6,881,589 total
Footnotes (3)
- [F1]This Form 4/A is being filed solely to amend the Form 4 filed by the Reporting Person on June 25, 2020, to correct the transaction code which was inadvertently reported as transaction code "S" instead of transaction code "F" since the withholding of shares to pay the applicable exercise price of the warrants was exempt from Section 16(b) by virtue of Rule 16b-3(e).
- [F2]On June 19, 2020, the Reporting Person exercised a warrant to purchase 5,952,381 shares of common stock, par value $0.001 per share (the "Common Stock") of Genius Brands International, Inc. (the "Issuer") for $0.21 per share. The Reporting Person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 448,029 of the warrant shares to pay the exercise price and issuing to the Reporting Person the remaining 5,504,352 shares.
- [F3]On June 19, 2020, the Reporting Person exercised a warrant to purchase 166,667 shares of Common Stock of the Issuer for $1.10 per share. The Reporting Person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 12,545 of the warrant shares to pay the exercise price and issuing to the Reporting Person the remaining 154,122 shares.