SEC Form 4 · accession 0001683168-17-000300
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
Feb 8, 2017
Accepted (ET)
Feb 13, 2017 · 8:11 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001084267
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF3 | Feb 8, 2017 | X | 36,838,872 | $0.05 | A | 39,738,874 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Letters of Credit (Derivative security)F1 | $0.20 | Feb 8, 2017 | X | 1,350,000 | D | Jul 14, 2014 | Feb 8, 2017 | Common Stock | 6,750,000 | 3,460,000 | D |
| Convertible NotesF1,F2 | $0.20 | Feb 8, 2017 | X | 322,000 | D | Dec 11, 2013 | Feb 8, 2017 | Common Stock | 1,610,000 | 1,850,000 | D |
Explanation of responses
- F1Not applicable.
- F2Includes shares issuable upon exercise of options (1,350,000 shares) and warrants (500,000 shares).
- F3Substantially all the shares were issued at $.05 per share. A portion of the interest attributable to the letter of credit was converted at various prices.
Remarks
Letter of Credit and Convertible Notes were converted at a reduced price of $.05 per share.