SEC Form 4 · accession 0001181431-15-006235
AutoWeb, Inc. · AUTO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Apr 27, 2015
Accepted (ET)
Apr 29, 2015 · 9:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001023364
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant (Right to Purchase)F2,F1 | $4.65 | Apr 27, 2015 | S | 400,000 | D | Sep 16, 2013 | Sep 16, 2019 | Common Stock | 400,000 | 0 | D |
| Convertible Subordinated Promissory NoteF3,F1 | $4.65 | Apr 27, 2015 | S | 1 | D | Sep 30, 2013 | Sep 30, 2015 | Common Stock | 1,075,268 | 0 | D |
Explanation of responses
- F1Derivative securities were held jointly by Reporting Persons. Each Reporting Person disclaimed beneficial ownership except to the extent of its pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- F2On April 27, 2015, the Reporting Persons sold warrants to acquire an aggregate of 400,000 shares of common stock, in a private transaction with an unrelated third party, at a sale price of $5.35 per warrant.
- F3On April 27, 2015, the Reporting Persons sold the convertible subordinated promissory note, which is convertible into an aggregate of 1,075,268 shares of common stock, in a private transaction with an unrelated third party, for an aggregate sale price of $10,775,180 for the entire note.