SEC Form 4 · accession 0001213900-15-001513
Digerati Technologies, Inc. · DTGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arthur L Smith
Officer — Chief Executive Officer
Period of report
Apr 14, 2014
Accepted (ET)
Mar 3, 2015 · 2:55 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001014052
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.001 par value per share | Jan 21, 2015 | A | 137,143 | $0.24 | A | 196,943 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to purchase common stock | $4.60 | Apr 4, 2014 | J | 3,652 | D | Jul 16, 2009 | Sep 29, 2015 | Common Stock, $.001 par value per share | 3,652 | 0 | D |
| Option to purchase common stock | $4.60 | Apr 4, 2014 | J | 4,565 | D | Jul 16, 2009 | Oct 3, 2015 | Common Stock, $.001 par value per share | 4,565 | 0 | D |
| Option to purchase common stock | $4.60 | Apr 4, 2014 | J | 2,609 | D | Jul 16, 2009 | Sep 25, 2016 | Common Stock, $.001 par value per share | 2,609 | 0 | D |
| Option to purchase common stock | $4.60 | Apr 4, 2014 | J | 3,913 | D | Jul 16, 2009 | Aug 15, 2017 | Common Stock, $.001 par value per share | 3,913 | 0 | D |
| Option to purchase common stock | $5.18 | Apr 4, 2014 | J | 5,652 | D | Feb 8, 2011 | Feb 1, 2018 | Common Stock, $.001 par value per share | 5,652 | 0 | D |
| Option to purchase common stock | $5.75 | Apr 4, 2014 | J | 10,870 | D | Sep 6, 2012 | Apr 6, 2019 | Common Stock, $.001 par value per share | 10,870 | 0 | D |
| Convertible Preferred Stock | $0.00 | Apr 4, 2014 | J | 200,000 | D | Dec 30, 2012 | Dec 30, 2012 | Common Stock, $.001 par value per share | 200,000 | 0 | I |
Explanation of responses
- F1Grant pursuant to 2005 Incentive Compensation Plan.
- F2Pursuant to the terms of the Agreed Order Confirming Joint Plan of Reorganization Filed by Plan Proponents entered in Registrant's bankruptcy proceeding, all outstanding shares of the Company's preferred stock, warrants, options, conversion rights and other rights to acquire shares of common stock and all "super voting" shares were cancelled on April 4, 2014.