SEC Form 4 · accession 0001029744-17-000092
SONIC FOUNDRY INC · SOFO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark D Burish
Director · 10% Owner
Period of report
Aug 23, 2017
Accepted (ET)
Aug 25, 2017 · 4:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001029744
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| 9% Cumulative Voting Convertible Preferred Stock, Series AF1 | Aug 23, 2017 | P | 655 | $762.85 | A | 1,260 | D | |
| Common Stock | holding | — | — | — | 371,886 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 9% Cumulative Voting Convertible Preferred Stock, Series AF2 | $762.85 | Aug 23, 2017 | P | 655 | A | Aug 23, 2017 | Aug 23, 2018 | 9% Cumulative Voting Convertible Preferred Stock, Series A | 655 | 655 | D |
Explanation of responses
- F1Each share of 9% Cumulative Voting Convertible Preferred Stock, Series A, are convertible into that number of shares of common stock determined by dividing $4.23 into the liquidation amount of $1,000 per share
- F2Mr. Burish is obligated to purchase, at the request of the Company, 655.44 shares of 9% Cumulative Voting Convertible Preferred Stock Series A.