SEC Form 4 · accession 0001437749-17-001329
SALON MEDIA GROUP INC · SLNM.OB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elizabeth Boyer Hambrecht
Officer — Chief Financial Officer
Period of report
Jan 26, 2017
Accepted (ET)
Jan 30, 2017 · 4:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001084332
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Series A Mandatorily Convertible Voting Preferred StockF1 | Jan 26, 2017 | A | 129,947 | $1.24 | A | 1,965,320 | I | Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Series A Mandatorily Convertible Voting Preferred Stock will automatically convert into Common Stock upon the effectiveness of an amendment to the Company's current Restated Certificate of Incorporation authorizing sufficient shares of Common Stock for issuance on the conversion of the Series A Preferred Stock. Following the conversion into Common Stock, the Amount of Beneficially Owned Securities Following Reported Transaction will be 14,960,020.