SEC Form 4 · accession 0001144204-15-024150
GILLA INC. · GLLA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Blaise A. Aguirre
Director
Period of report
Apr 9, 2015
Accepted (ET)
Apr 21, 2015 · 6:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001004411
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F4 | Apr 9, 2015 | P | 157,143 | $0.07 | A | 1,080,583 | D | |
| Common StockF2,F4 | Apr 9, 2015 | P | 71,429 | $0.07 | A | 1,152,012 | D | |
| Common StockF3,F4 | Apr 9, 2015 | P | 2,385 | $0.15 | A | 1,154,397 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Dr. Aguirre converted certain of the Issuer's Unsecured Subordinated Convertible Debentures (the "Debentures"), with a face amount of $11,000, into 157,143 shares of Common Stock at a conversion price of $0.07 per share. The 157,143 shares of Common Stock were issued to Dr. Aguirre on April 13, 2015.
- F2Dr. Aguirre converted certain of the Debentures, with a face amount of $5,000, into 71,429 shares of Common Stock at a conversion price of $0.07 per share. The 71,429 shares of Common Stock were issued to Dr. Aguirre on April 13, 2015.
- F3Dr. Aguirre accepted, in satisfaction of amounts due to him as interest on the Debentures, 2,385 shares of Common Stock, based on a conversion price for such amounts due as interest of $0.15 per share. The 2,385 shares of Common Stock were issued to Dr. Aguirre on April 13, 2015.
- F4Includes 59,000 shares of Common Stock owned by Dr. Aguirre's wife.