SEC Form 3 · accession 0001493152-16-011777
INTEGRATED ENVIRONMENTAL TECHNOLOGIES, LTD. · IEVM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Stamer Davis
10% Owner
Period of report
Jul 14, 2016
Accepted (ET)
Jul 26, 2016 · 7:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001084031
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.001 per share | holding | — | — | — | 3,970,439 | D |
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 Buy) | $0.066 | holding | — | — | — | Feb 5, 2015 | Feb 5, 2018 | Common Stock, par value $.001 | 530,303 | — | D |
| 12% Convertible DebentureF1 | $0.07 | holding | — | — | — | Dec 3, 2015 | Dec 3, 2017 | Common Stock, par value $.001 | 1,587,300 | — | D |
| Warrant (Right to Buy) | $0.10 | holding | — | — | — | Dec 3, 2015 | Dec 3, 2018 | Common Stock, par value $.001 | 793,650 | — | D |
| Warrant (Right to Buy) | $0.04 | holding | — | — | — | Dec 31, 2015 | Dec 31, 2018 | Common Stock, par value $.001 | 515,875 | — | D |
| 10% Secured Convertible DebentureF2 | $0.01 | holding | — | — | — | Jul 14, 2016 | Jul 14, 2017 | Common Stock, par value $.001 | 16,666,700 | — | D |
| Warrant (Right to Buy) | $0.01 | holding | — | — | — | Jul 14, 2016 | Jul 14, 2021 | Common Stock, par value $.001 | 16,666,700 | — | D |
Explanation of responses
- F1The principal amount ($111,111) of the 12% Convertible Debenture (the "12% Debenture") is convertible into shares of the IEVM common stock, par value $.001 per share ("Common Stock"), at a conversion price of $0.07 per share, subject to adjustment as provided in the 12% Debenture. Interest is payable in annual installments beginning December 3, 2016 and may be paid in cash or in shares of Common Stock at the option of the Company. In the event that interest is paid in shares of Common Stock, the conversion price shall be the Market Price of Common Stock as defined in the 12% Debenture.
- F2The principal amount ($166,667) of the Zero Coupon Secured Convertible Debenture (the "Debenture") is convertible into shares of Common Stock at a conversion price of $0.01 per share, subject to adjustment as provided in the Debenture.