SEC Form 4 · accession 0001567619-18-008740
FINDEX COM INC · FIND
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Malone
Officer — Chief Executive Officer · Director
Period of report
Dec 24, 2018
Accepted (ET)
Dec 27, 2018 · 4:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001089061
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 24, 2018 | J | 57,458,335 | $0.0021 | A | 57,458,335 | I | By August Center Street Holdings |
| Common Stock | holding | — | — | — | 19,559,061 | D | ||
| Common Stock | holding | — | — | — | 4,381,787 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promissory NoteF2 | — | Dec 24, 2018 | J | 6,231,049 | D | Jul 5, 2017 | — | Common Stock | 6,231,049 | 0 | D |
| Promissory NoteF3 | — | Dec 24, 2018 | J | 1,993,941 | D | Jul 5, 2017 | — | Common Stock | 1,993,941 | 0 | I |
| Promissory NoteF4 | — | Dec 24, 2018 | J | 55,212,514 | D | Sep 21, 2016 | — | Common Stock | 55,212,514 | 0 | D |
| Promissory NoteF5 | — | Dec 24, 2018 | J | 21,274,611 | D | Sep 21, 2016 | — | Common Stock | 21,274,611 | 0 | I |
Explanation of responses
- F1This issuance of common stock was made in consideration of the sale by the Reporting Person to the Issuer of a membership interest beneficially owned by him in Advanced Cement Sciences LLC.
- F2This note payable is in the total amount of $93,465.73 ($87,532.18 in principal plus $5,933.55 in accrued interest through December 21, 2018) and represents a portion of the previously accrued but unpaid base salary due to the Reporting Person. On December 24, 2018, and pursuant to a written instrument executed by the Reporting Person, the Reporting Person relinquished his rights to convert the note payable to shares of Issuer common stock not only at the originally agreed-upon value of $0.015 per share, but at any price. The original issuance of the note occurred on July 5, 2017 and was previously disclosed in the Issuer's Quarterly Report on Form 10-Q for the period ending June 30, 2017 and filed on August 18, 2017.
- F3This note payable is in the total amount of $29,909.11 ($28,010.37 in principal plus $1,898.74 in accrued interest through December 21, 2018) and represents a portion of the previously accrued but unpaid base salary due to the Reporting Person's spouse, the Issuer's controller. On December 24, 2018, and pursuant to a written instrument executed by the Reporting Person's spouse, the Reporting Person's spouse relinquished her rights to convert the note payable to shares of Issuer common stock not only at the originally agreed-upon value of $0.015 per share, but at any price. The original issuance of the note occurred on July 5, 2017 and was previously disclosed in the Issuer's Quarterly Report on Form 10-Q for the period ending June 30, 2017 and filed on August 18, 2017.
- F4This note payable is in the total amount of $386,487.59 ($349,328.64 in principal plus $37,158.95 in accrued interest through December 21, 2018) and represents a portion of the previously accrued but unpaid base salary due to the Reporting Person. On December 24, 2018, and pursuant to a written instrument executed by the Reporting Person, the Reporting Person relinquished his rights to convert the note payable to shares of Issuer common stock not only at the originally agreed-upon value of $0.007 per share, but at any price. The original issuance of the note occurred on September 21, 2016 and was previously disclosed in the Issuer's Annual Report on Form 10-K for the period ending December 31, 2016 and filed on April 17, 2017.
- F5This note payable is in the total amount of $148,922.27 ($134,604.14 in principal plus $14,318.13 in accrued interest through December 21, 2018) and represents a portion of the previously accrued but unpaid base salary due to the Reporting Person's spouse, the Issuer's controller. On December 24, 2018, and pursuant to a written instrument executed by the Reporting Person's spouse, the Reporting Person's spouse relinquished her rights to convert the note payable to shares of Issuer common stock not only at the originally agreed-upon value of $0.007 per share, but at any price. The original issuance of the note occurred on September 21, 2016 and was previously disclosed in the Issuer's Annual Report on Form 10-K for the period ending December 31, 2016 and filed on April 17, 2017.