Cunningham Alex H. 4

Accession 0001683168-24-008513

CIK 0000811222other

View on SEC.gov Company Profile

Filed

Dec 3, 7:00 PM ET

Accepted

Dec 4, 2:24 PM ET

Size

23.0 KB

Accession

0001683168-24-008513

Insider Transaction Report

Form 4

Period: 2024-10-25

Cardiff Lexington CorpCDIX

Cunningham Alex H.

DirectorPresident and CEO10% Owner

Transactions

Other
Series I Preferred Stock
2024-11-20−510,704→ 5,232,296 total
From: 2018-11-21→ Common Stock
Conversion
Common Stock
2024-10-25$10000.00/sh+10,000$100,000,000→ 1,022,838 total
Conversion
Series C Preferred Stock
2024-10-25−1→ 0 total
Exercise: $10000.00From: 2014-09-19→ Common Stock (10,000 underlying)
Other
Series B Preferred Stock
2024-11-20+375,000→ 375,000 total
From: 2024-11-20→ Common Stock
Conversion
Common Stock
2024-10-25$2.00/sh+12,500$25,000→ 1,012,838 total
Conversion
Series B Preferred Stock
2024-10-25−6,250→ 0 total
Exercise: $2.00From: 2014-09-19→ Common Stock (12,500 underlying)
Other
Series C Preferred Stock
2024-11-20+24→ 24 total
From: 2024-11-20→ Common Stock
Other
Series E Preferred Stock
2024-11-20+50,000→ 50,000 total
From: 2024-11-20→ Common Stock

Footnotes (9)

[F1]On October 25, 2024, the reporting person converted 6,250 shares of Series B Preferred Stock into 12,500 shares of Common Stock.
[F2]On October 25, 2024, the reporting person converted 1 share of Series C Preferred Stock into 10,000 shares of Common Stock.
[F3]On November 20, 2024, the reporting person entered into a cancellation and exchange agreement with the issuer, pursuant to which the reporting person surrendered 510,704 shares of Series I Preferred Stock to the issuer for cancellation in exchange for the issuance of 375,000 shares of Series B Preferred Stock, 24 shares of Series C Preferred Stock and 50,000 shares of Series E Preferred Stock to the reporting person.
[F4]The Series B Preferred Stock has no expiration date.
[F5]The Series C Preferred Stock has no expiration date.
[F6]Each share of Series I Preferred Stock is convertible into such number of shares of Common Stock as is determined as follows: (i) if the closing market price of the Common Stock on the principal trading market on which the Common Stock is then traded or quoted is less than $4.00 per share, then each share of Series I Preferred Stock shall be convertible into a number of shares of Common Stock equal to two (2) times the stated value ($4.00 per share), divided by such closing market price on the date of conversion; or (ii) if such closing market price is equal to or greater than $4.00 per share, then each share of Series I Preferred Stock shall be convertible into two (2) shares of Common Stock. The Series I Preferred Stock has no expiration date.
[F7]Each share of Series B Preferred Stock is convertible at any time into such number of shares of Common Stock as is determined as follows: (i) if the closing market price of the Common Stock on the principal trading market on which the Common Stock is then traded or quoted is less than $4.00 per share, then each share of Series B Preferred Stock shall be convertible into a number of shares of Common Stock equal to two (2) times the stated value ($4.00 per share), divided by such closing market price on the date of conversion; or (ii) if such closing market price is equal to or greater than $4.00 per share, then each share of Series B Preferred Stock shall be convertible into two (2) shares of Common Stock.
[F8]Each share of Series C Preferred Stock is convertible at any time into such number of shares of Common Stock as is determined by dividing the stated value ($4.00 per share) by a conversion price of $0.0004.
[F9]Each share of Series E Preferred Stock is convertible at any time into such number of shares of Common Stock as is determined as follows: (i) if the closing market price of the Common Stock on the principal trading market on which the Common Stock is then traded or quoted is less than $4.00 per share, then each share of Series E Preferred Stock shall be convertible into a number of shares of Common Stock equal to two (2) times the stated value ($4.00 per share), divided by such closing market price on the date of conversion; or (ii) if such closing market price is equal to or greater than $4.00 per share, then each share of Series E Preferred Stock shall be convertible into two (2) shares of Common Stock. The Series E Preferred Stock has no expiration date.

Documents

1 file

4
ownership.xmlPrimary

Issuer

Cardiff Lexington Corp

CIK 0000811222

→

Entity typeother

Related Parties

filerCIK 0002013098

Filing Metadata

Form type: 4
Filed: Dec 3, 7:00 PM ET
Accepted: Dec 4, 2:24 PM ET
Size: 23.0 KB

View on SEC.gov