SEC Form 5 · accession 0001019056-15-000617
Track Group, Inc. · TRCK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Sep 30, 2013
Accepted (ET)
Jul 8, 2015 · 5:05 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 13, 2013 | P | 556,648 | $7.50 | A | 5,155,739 | D | |
| Common StockF2 | Jun 14, 2013 | P | 64,923 | $22.93 | A | 5,155,739 | D | |
| Common Stock | Sep 30, 2013 | C | 3,905,917 | $4.50 | A | 5,155,739 | D |
Table II — derivative securities
No Table II lines on this filing.
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.
- F2Mr. Windhorst directly owns the 556,648 and 64,923 shares of Common Stock acquired on June 13, 2013 and June 14, 2013, respectively. The 5556,648 shares of common stock were subsequently sold by Mr. Windhorst on October 30, 2013.
- F3On September 30, 2013, pursuant to the Loan and Security Agreement between Sapinda Asia and the Issuer, Sapinda Asia converted the entire principal of $16,640,000 and the accrued and unpaid interest under the loan into 3,905,917 shares of Common Stock.