SEC Form 4 · accession 0001019687-15-004514
Mobiquity Technologies, Inc. · MOBQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas M Arnost
Officer — Executive Chairman · Director · 10% Owner
Period of report
Dec 14, 2015
Accepted (ET)
Dec 15, 2015 · 4:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001084267
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible NotesF3,F1,F2 | $0.20 | Dec 14, 2015 | A | 322,000 | A | Dec 11, 2013 | Dec 31, 2016 | Common Stock | 1,610,000 | 8,870,001 | D |
Explanation of responses
- F1Not applicable.
- F2Includes shares issuable upon exercise of notes (1,610,000 shares), options (1,750,000 shares), warrants (1,000,001 shares) and 4,500,000 shares issuable in the event Mr. Arnost agrees to convert $1,350,000 which Mr. Arnost provided pursuant to a letter of credit.
- F3These notes were originally purchased on December 11, 2013 when they were convertible at $1.00 per share. The conversion price of the notes was then lowered to $.30 per share and on December 14, 2014, the conversion price was lowered to $.20 per share. Table II reflects the lowering of the notes to the new conversion price.