SEC Form 5 · accession 0001019056-15-000615
Track Group, Inc. · TRCK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Sep 30, 2012
Accepted (ET)
Jul 8, 2015 · 4:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001045942
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 26, 2012 | P | 31,140,625 | $0.03 | A | 31,140,625 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible DebentureF3 | $0.03 | Apr 20, 2012 | P | 1,000,000 | A | — | Oct 15, 2012 | Common Stock | 33,333,333 | 33,333,333 | D |
| Convertible DebentureF3 | $0.03 | Aug 31, 2012 | P | 500,000 | A | — | Oct 15, 2012 | Common Stock | 16,666,666 | 16,666,666 | D |
| Convertible DebentureF3 | $0.03 | Sep 24, 2012 | P | 500,000 | A | — | Oct 15, 2012 | Common Stock | 16,666,666 | 16,666,666 | D |
Explanation of responses
- F1This Form 5 is filed jointly by Sapinda Asia Limited ("Sapinda Asia") and Lars Windhorst (collectively, the "Reporting Persons"). As the sole shareholder of Sapinda Asia, Mr. Windhorst may be deemed to beneficially own the Common Stock beneficially owned by Sapinda Asia. Mr. Windhorst disclaims beneficial ownership of such shares of Common Stock except to the extent of his pecuniary interest therein.
- F2On July 26, 2012, Sapinda Asia agreed pursuant to an Assignment of Rights to acquire from Sapinda UK Limited its rights under a Share Purchase Agreement with the Issuer to acquire 31,140,625 shares of Common Stock for $1,033,000. Closing of the issuance and sale of Common Stock by the Issuer to Sapinda Asia occurred July 27, 2012.
- F3Immediate.