SEC Form 4 · accession 0001029744-18-000086
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, 2018
Accepted (ET)
Aug 24, 2018 · 2:51 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,F2,F3 | Aug 23, 2018 | C | 717 | $762.85 | D | 2,636 | D | |
| Common StockF2 | Aug 23, 2018 | C | 169,488 | $4.23 | A | 697,979 | D |
Table II — derivative securities
No Table II lines on this filing.
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
- F2Represents 717 shares of Series A Preferred Stock ($500,000 of Series A Preferred Stock acquired on August 23, 2017 and dividends accrued thereon) converting into 169,488 shares of common stock
- F3Securities owned include dividends accumulated as of the date of this filing.